{"id":78403,"date":"2026-03-31T08:01:31","date_gmt":"2026-03-31T08:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=78403"},"modified":"2026-03-31T08:01:31","modified_gmt":"2026-03-31T08:01:31","slug":"xrp-advocate-john-deaton-says-the-real-risk-isnt-a-cbdc-its-a-future-sec-chair","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=78403","title":{"rendered":"XRP Advocate John Deaton Says The Real Risk Isn\u2019t A CBDC \u2014 It\u2019s A Future SEC Chair"},"content":{"rendered":"
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John Deaton, the U.S. crypto lawyer who represented XRP holders in the SEC vs. Ripple case<\/a>, blasted at how U.S. crypto policy is being shaped.<\/p>\n

An XRP Voice Warns Against Inaction<\/h2>\n

Reacting to Ripple\u2019s CEO Brad Garlinghouse\u2019s interview with Maria Bartiromo, Deaton wrote a lengthy post on the social media X today, expressing his worries and concerns regarding the direction crypto policy in the U.S. is taking.<\/p>\n

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One thing @bgarlinghouse<\/a> said to @MariaBartiromo<\/a> that I completely agree with \u2013 is that American companies and our financial markets cannot afford to experience Gensler 2.0. And the only way to guarantee that we don\u2019t \u2013 is by passing legislation.<\/p>\n

Look, no one despises the\u2026 https:\/\/t.co\/H958StIpRY<\/a> pic.twitter.com\/tOdj4N5wlJ<\/a><\/p>\n

\u2014 John E Deaton (@JohnEDeaton1) March 30, 2026<\/a><\/p>\n<\/blockquote>\n

In his interview with Bartirmoro for Fox Business, Garlinghouse warned that if the U.S. keeps dragging its feet, American companies and capital markets will bleed out to friendlier jurisdictions while Washington fixates on the wrong crypto battles.<\/p>\n

Bartimoro positioned the discussion around U.S. competitiveness and regulatory chaos, echoing a long\u2011running Fox Business narrative that America is \u201closing the race\u201d on digital assets.<\/p>\n

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Ripple CEO warns against weaponization of crypto policy: \u2018We can\u2019t have another Gary Gensler moment\u2019 | https:\/\/t.co\/hc5WMt0boT<\/a> @MorningsMaria<\/a> @FoxBusiness<\/a><\/p>\n

\u2014 Maria Bartiromo (@MariaBartiromo) March 27, 2026<\/a><\/p>\n<\/blockquote>\n

Ripple and XRP holders have lived through that chaos first\u2011hand, from the SEC fight to today\u2019s policy vacuum.<\/p>\n

This is why Deaton seizes on Garlinghouse\u2019s warning. In the middle of a heated fight over Trump\u2019s CBDC ban order and years of media\u2011driven CBDC panic, Deaton argues that the only way to stop a future surveillance\u2011style CBDC is through hard legislation passed by Congress.<\/p>\n

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American companies and our financial markets cannot afford to experience Gensler 2.0. And the only way to guarantee that we don\u2019t \u2013 is by passing legislation.<\/p>\n<\/blockquote>\n

For Deaton, a \u201cGensler 2.0\u201d means a future regulator who uses aggressive \u201cregulation by enforcement\u201d instead of clear rulemaking, like Gensler did with Ripple, XRP, LBRY, Coinbase and others, and treats most tokens as securities by default, keeping the industry in a constant defensive posture.<\/p>\n

What The Future Could Hold<\/p>\n

The only durable way to block a U.S. surveillance CBDC is an explicit act of Congress that ties the Fed\u2019s hands, Deaton argues.<\/p>\n

\n

But as much progress, guidance, and clarity, @PaulSAtkiinsSEC and\u00a0 @MichaelSelig have provided to the markets, without legislation passed into law \u2013 all that guidnace [sic] and clarity can be taken away \u2013 as if it never happened \u2013 when a new administration takes over.<\/p>\n<\/blockquote>\n

The XRP advocate finishes his post with a reminder of who is to become Chair of the Senate Banking Comittee which oversees the SEC: Elizabeth Warren. Warren built her brand as a tough Wall Street and big\u2011bank watchdog. In crypto, she is famous for claiming she is \u201cbuilding an anti\u2011crypto army\u201d<\/a>, backing tough bills like the Digital Asset Anti\u2011Money Laundering Act and pushing amendments that critics say favor banks and restrict digital assets.<\/p>\n

\n

We need strong crypto regulation \u2013 not an industry giveaway that puts our economy at risk and supercharges President Trump\u2019s corruption. pic.twitter.com\/6sVbwMiSFf<\/a><\/p>\n

\u2014 Elizabeth Warren (@SenWarren) August 10, 2025<\/a><\/p>\n<\/blockquote>\n

Both Deaton and Garlinghouse warn that regulatory drift is already driving talent, liquidity and innovation offshore, and that the U.S. risks watching the next generation of financial plumbing get built in Europe, Asia or the Middle East instead.<\/p>\n

Clarity on XRP\u2019s status and broader digital\u2011asset law in the U.S. is already shifting flows into assets seen as \u201csafer\u201d from enforcement risk. Further statutory wins could reinforce that capital rotation.<\/p>\n

\"Ripple,<\/p>\n

Cover image from Perplexity, XRPUSDT chart from Tradingview<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

John Deaton, the U.S. crypto lawyer who represented XRP holders in the SEC vs. Ripple case, blasted at how U.S. crypto policy is being shaped. An XRP Voice Warns Against Inaction Reacting to Ripple\u2019s CEO Brad Garlinghouse\u2019s interview with Maria Bartiromo, Deaton wrote a lengthy post on the social media X today, expressing his worries […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-78403","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78403"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/78403\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}