XRP Spikes 8% On Positive SEC Developments As CEO Calls For XRP To Be Considered In Digital Asset Stockpile
Ripple CEO Brad Garlinghouse has called for a digital asset reserve that is representative of the entire cryptocurrency industry, not just a single token, while also noting that maximalism was the enemy of progress in the crypto space.
What Happened: This call comes as the Securities and Exchange Commission has quietly removed documents related to the civil actions against Ripple Labs from its website, a move that signals a shifting legal landscape for the company.
In a tweet on Tuesday, Garlinghouse stated, “If a government digital asset reserve is created – I believe it should be representative of the industry, not just one token, whether it be Bitcoin (CRYPTO: BTC), XRP (CRYPTO: XRP) or anything else.”
He also added that “we live in a multichain world, and I’ve advocated for a level-playing field, instead of one token versus another.”
Garlinghouse also made sure to highlight his belief that “Maximalism remains the enemy of crypto progress, and …
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