This article examines the political decisions impacting the future of XRP in the USA, focusing on a crucial meeting cancellation and potential biases regarding cryptocurrencies.
Cancellation of Meeting with Ripple CEO
The recent cancellation of Senator Cynthia Lummis's meeting with Ripple CEO Brad Garlinghouse raises concerns about the senator's impartiality regarding different crypto projects, especially XRP.
Allegations of Personal Bias
Public attention has turned to Lummis's son-in-law, Will Cole, who has posted negative comments about Ripple and XRP, suggesting potential personal biases influencing the senator's policy decisions.
Regulatory and Institutional Hurdles
Ongoing legal issues and delays in approving XRP-related exchange-traded funds create additional complications. Analysts predict that XRP's chances of being included in a U.S. crypto reserve remain low due to these regulatory barriers.
Thus, XRP faces a multitude of challenges in the U.S., including political and legal factors, casting doubt on its future in the market.
