Tension between Ripple and Senator Cynthia Lummis: CEO Brad Garlinghouse questions the cancellation of a key meeting.
Brad Garlinghouse, billionaire CEO of Ripple, has publicly expressed his discontent following the cancellation of a scheduled meeting with Senator Cynthia Lummis (R-WY), chair of the Senate Subcommittee on Digital Assets. The meeting, which was supposed to address relevant issues for the crypto ecosystem, was canceled with no option for rescheduling, as Garlinghouse reported on May 19.
This fact gains greater relevance considering that former President Donald Trump has included XRP —the token associated with Ripple— among the crypto assets that will make up the future strategic digital reserve of the U.S. However, Senator Lummis is a well-known Bitcoin maximalist and author of the "BITCOIN Act" bill, designed to establish a national reserve in BTC in accordance with an executive order from Trump.
