Ripple CEO’s Meeting with Senator Lummis Canceled
- Ripple CEO’s meeting with Senator Lummis was canceled, sparking community reactions.
- No immediate financial impact observed on XRP.
- Event highlights ongoing tensions in crypto regulatory debates.
Ripple CEO Brad Garlinghouse’s meeting with U.S. Senator Cynthia Lummis was canceled amid accusations against XRP as of May 20, 2025.
The cancellation underscores the tension within the crypto space between Bitcoin advocates and supporters of broader crypto inclusion.
Ripple’s Canceled Meeting Raises Crypto Community Eyebrows
Ripple CEO Brad Garlinghouse announced the cancellation of a meeting with Senator Cynthia Lummis. The reason for the cancelation, although unspecified, raised eyebrows within the crypto community.
Senator Lummis, known for her pro-Bitcoin stance, did not offer any public reasoning for the cancellation. This has led to speculation about underlying biases against Ripple and XRP.
Crypto Community Reacts to Lummis Meeting Cancellation
No immediate financial shifts or on-chain disruptions for Ripple’s XRP were reported following the cancellation. However, it has amplified the crypto community’s discourse over regulatory inclusivity.
Brad Garlinghouse used social media to advocate for a more inclusive policy dialogue. “I hope you will reconsider and be a leader for ALL of crypto,” inviting Senator Lummis to a public dialogue via X Spaces or a live event, calling for crypto-inclusive, not Bitcoin-only, policy engagement.
Cryptocurrency influencers, such as Troy Cross, however, praised the move, seeing it as a stand against alleged scams.
Political Scrutinies Drive Crypto Regulatory Uncertainty
Similar incidents have seen political scrutiny affecting market stability, though past allegations against XRP were met with recovery. These occurrences often fuel regulatory uncertainty debates.
Despite controversies, institutional interest in XRP, such as CME’s launch of futures, persists, indicating potential resilience. The crypto sector remains divided on treatment of digital assets besides Bitcoin.
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