Ripple Labs Faces Criticism for Alleged Lobbying Against Bitcoin Reserve Plans – BitRss

Ripple Labs Faces Criticism for Alleged Lobbying Against Bitcoin Reserve Plans – BitRss

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Ripple Labs Faces Criticism for Alleged Lobbying Against Bitcoin Reserve Plans – BitRss – Crypto World News
























Source of this Article
Coin-Turk 20 minutes ago
21

Ripple $3 Labs is under scrutiny for reportedly spending millions of dollars to lobby against the creation of a Strategic Bitcoin $105,322 Reserve (SBR). Pierre Rochard, Vice President of Research at Riot Platforms, claims that Ripple is actively working to undermine these plans by influencing politicians.

The Strategic Bitcoin Reserve: Rochard’s Claims

Rochard argues that the primary obstacle to establishing the Strategic Bitcoin Reserve is not the Federal Reserve or the U.S. Treasury, nor figures like Elizabeth Warren. Instead, he believes the main issue lies with Ripple Labs and its focus on XRP ($3.18). He contends that Ripple is aggressively lobbying against the SBR and spending millions to dissuade policymakers.

Ripp…

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