Why XRP Might Not Be Included Into the U.S. Crypto Reserve?

Recent developments surrounding the U.S. government's evolving crypto policy, and recent insights suggest that XRP may be getting sidelined in favor of Bitcoin.

Recent developments suggest that XRP might not be included into the U.S. crypto reserve. According to Coin Bureau, this opinion is driven by a mix of regulatory delays, political influence, and potential personal bias.

As the concept of a U.S. Strategic Bitcoin Reserve in 2024 continues to take shape, Lummis’s known preference for Bitcoin has led some to question why other major assets are not being discussed.

suggest that any hopes of seeing XRP included in the U.S. crypto reserve are fading fast.

This opinion is driven by a mix of regulatory delays, political influence, and what appears to be personal bias against the asset.

Highlighting the potential biases at play, Coin Bureau noted that Will Cole, Lummis’s son-in-law, had previously shared posts on social media. In these posts, Cole openly calls XRP a “fake token” and refers to Ripple as a “centralized joke of a scam.” This revelation further amplifies the impression that personal opinions are impacting broader policy decisions.

Having begun his career as a junior legal professional at the renowned law firm Cleary Gottlieb, Cole transitioned to serve as an administrative aide to Senator Lummis. He later took on the role of a policy advisor in the U.S. Senate.

This progression offers a glimpse into the interconnectedness of legal, political, and personal domains within the unfolding saga of the U.S. crypto policy landscape.

The implications of these biases become even more clear when considering the fate of Trump’s executive order related to the U.S. crypto reserve.

Initially, the executive order included both Bitcoin and XRP, alongside Ethereum, Solana, and ADA. However, by the time the finalized directive was issued, only Bitcoin remained on the list.

This shift gave rise to speculation that altcoins were deliberately excluded from the administration’s plans.

suggest that any hopes of seeing XRP included in the U.S. crypto reserve are fading fast.

This opinion is driven by a mix of regulatory delays, political influence, and what appears to be personal bias against the asset.

Highlighting the potential biases at play, Coin Bureau noted that Lummis’s son-in-law, had previously shared posts on social media. In these posts, Cole openly calls XRP a “fake token” and refers to Ripple as a “centralized joke of a scam.” This revelation further amplifies the impression that personal opinions are impacting broader policy decisions.

Having begun his career as a junior legal professional at the renowned law firm Cleary Gottlieb, Cole transitioned to serve as an administrative aide to Senator Lummis. He later took on the role of a policy advisor in the U.S. Senate.

This progression offers a glimpse into the interconnectedness of legal, political, and personal domains within the unfolding saga of the U.S. crypto policy landscape.

The implications of these biases become even more clear when considering the fate of Trump’s executive order related to the U.S. crypto reserve.

Initially, the executive order included both Bitcoin and XRP, along with Solana, and ADA. But by the time the finalized directive was issued, only Bitcoin remained.

This shift fueled speculation that altcoins were being excluded.