Anti-Crypto Army Lost: Ripple CEO Cites Trump’s Future-Proof Crypto Push

CN
15 days ago

Key Takeaways:

    • Brad Garlinghouse said courts, voters, and Trump rejected enforcement-led crypto regulation.
    • Ripple’s XRP ruling remains central as lawmakers weigh clearer crypto market rules.
    • Pending legislation could reshape oversight, exchange access, custody, and ETF reviews.
  • Ripple CEO Brad Garlinghouse pointed to President Donald Trump’s May 27 Truth Social post as evidence of a new U.S. crypto policy opening. His May 28 post on X tied Ripple’s policy argument to Trump’s pledge for a “future-proof” digital asset market structure and renewed attention on XRP.

    Trump’s post criticized former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler and the “Anti- Crypto Army” for pushing bitcoin, crypto perpetuals, and innovation offshore. Garlinghouse’s response argued that opposition to digital assets protected legacy financial interests instead of improving markets. Ripple has made a similar case for years while pressing for clearer treatment of XRP, token markets, and blockchain payment infrastructure.

    Garlinghouse wrote:

    “The ‘Anti- Crypto Army’ was defeated… by the courts… by the voters. And by Trump. It never made policy, legal or political sense.”

    Ripple’s courtroom history gives the statement direct market relevance. In 2023, a federal judge ruled that Ripple’s programmatic XRP sales through exchanges were not securities transactions, while institutional sales violated securities law. The SEC later moved to resolve the case, leaving the ruling central to crypto policy debates.

    The policy fight now centers on whether Congress can replace litigation-driven oversight with clearer market rules. The Digital Asset Market Clarity Act of 2025 would create a broader framework for digital assets and define oversight roles for the SEC and the Commodity Futures Trading Commission (CFTC).

    Market attention around XRP remains elevated as Washington debates those rules. Trump has also promoted a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, bringing BTC and other digital assets deeper into federal policy discussions. That shift has increased focus on tokens beyond bitcoin, including XRP. Garlinghouse said:

    “Combatting financial innovation only helped protect those that wanted to keep an old, often broken, system in place.”

    The post places Ripple inside a broader debate over legislation, enforcement, and U.S. competitiveness in digital assets. For XRP investors, the stakes include exchange access, institutional custody, ETF review, and payment-network adoption. Garlinghouse’s message signals that Ripple will keep linking its legal outcome to the next phase of federal crypto rulemaking.

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