Ripple says it is effectively "operating outside of the US" due to its legal fight with the SEC and is seeking a license in Ireland to drive EU expansion (Ryan Browne/CNBC)

Ryan Browne / CNBC:
Ripple says it is effectively “operating outside of the US” due to its legal fight with the SEC and is seeking a license in Ireland to drive EU expansion  —  - Ripple is expanding its presence in the EU, where it plans to “passport” its services through an entity in Ireland, General Counsel Stuart Alderoty told CNBC.