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Cryptocurrency News Articles

Recent X post by Coin Bureau has drawn attention to the political dynamics surrounding XRP and its exclusion from recent U.S. policy considerations related to cryptocurrency reserves.

May 24, 2025 at 02:41 pm

According to the post, Senator Cynthia Lummis, a known supporter of digital assets and head of the Senate Digital Assets Subcommittee, recently canceled a meeting with Ripple CEO Brad Garlinghouse without public explanation.

Recent X post by Coin Bureau has drawn attention to the political dynamics surrounding XRP and its exclusion from recent U.S. policy considerations related to cryptocurrency reserves.

A recent X post by Coin Bureau has shed light on the political dynamics surrounding XRP and its exclusion from recent U.S. policy considerations related to cryptocurrency reserves.

Highlighting the pending meeting between U.S. Senator Cynthia Lummis and Ripple CEO Brad Garlinghouse, Coin Bureau noted that the senator, known for her support of digital assets and role spearheading the Senate Digital Assets Subcommittee, canceled the meeting without public explanation. This move has sparked concerns about Lummis’s impartiality toward different crypto projects, especially given the interest in XRP.

The post also touched upon allegations of personal bias in Lummis’s policy decisions. It was mentioned that the XRP community had uncovered online activity by Lummis’s son-in-law, Will Cole, which appears to display a strong negative attitude toward both Ripple and its token.

Cole was reportedly seen reposting content describing XRP as a “fake token” and referring to Ripple as a “centralized joke of a scam.” The resurfacing of these statements has raised questions about whether personal or familial allegiances might influence Lummis’s stance on specific digital asset categories.

This scrutiny is pertinent considering Lummis’s role in pushing for the creation of a U.S. Strategic Bitcoin Reserve. The proposal, originally presented in her 2024 legislative initiative, included a clear preference for Bitcoin over other cryptocurrencies for national strategic interests.

Coin Bureau highlighted that such alignment with Bitcoin might be viewed by critics as favoritism that sidelines other projects, including XRP.

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The post further elaborated on the topic of XRP being considered for inclusion in the reserve. It was mentioned that speculation about XRP's chances was previously fueled by a post on Truth Social attributed to Donald Trump.

In that post, several major cryptocurrencies were listed—namely Bitcoin, Ethereum, Solana, Cardano, and XRP. However, when the formal executive order was later released, only Bitcoin was referenced, with no mention of XRP or any other altcoin. This omission has led many to question whether XRP is being deliberately excluded.

Coin Bureau concluded that overall, XRP's chances of being included in any future U.S. crypto reserve appear slim. The combination of unresolved legal matters, ETF approval hurdles, and now indications of political and personal bias contribute to a challenging environment for XRP in U.S. regulatory and strategic circles.

: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Other articles published on May 24, 2025