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The White House's newly released 166-page digital asset policy report, published on July 30, has generated considerable discussion within the cryptocurrency community, particularly due to its notable omissions and inclusions. Despite XRP, the third-largest cryptocurrency with a market capitalization of $186 billion, being one of the most anticipated tokens for mention, it was not referenced at all in the document. This absence is particularly striking given the token’s prominence and the ongoing legal and regulatory scrutiny it faces in the U.S. [1].
Other tokens, such as Bitcoin, Ethereum, and Solana, were included in the report and were discussed in the context of their role in blockchain innovation and smart contract development. Bitcoin, in particular, received 129 mentions, underscoring its foundational role in the crypto ecosystem. The report also highlights the importance of proof-of-work and references key figures like Satoshi Nakamoto, who received 36 mentions [1]. Additionally, projects like Chainlink were given specific attention, particularly for its Cross-Chain Interoperability Protocol (CCIP) featured on page 16 [1].
Ripple, the company behind XRP, was mentioned twice in the report. One mention appears in a timeline-style infographic that outlines the development of the cryptocurrency industry since 2008, placing Ripple alongside other early players like Coinbase and Kraken. The second reference appears in the footnotes, where Ripple CEO Brad Garlinghouse is cited via a CNBC article [1]. However, the absence of XRP itself from the main body of the report suggests a lack of policy focus on the token, despite its market influence.
This omission raises questions about the White House's prioritization of different blockchain technologies and the potential influence of ongoing legal battles involving XRP. Ripple and the Securities and Exchange Commission (SEC) have reportedly been discussing potential settlement options, but no progress has been reflected in the administration’s policy framework [5]. The report does not offer any indication that such discussions have reached a resolution, nor does it suggest a broader regulatory shift that could clarify XRP’s status under U.S. securities law [5].
Market reactions to the report have been mixed. While XRP has maintained support above $2.95, indicating some level of cautious optimism among traders, the lack of White House recognition has not triggered significant price movements [3]. This suggests that the market may have already priced in some uncertainty surrounding XRP’s regulatory future.
The report serves as a foundational document for the administration’s approach to digital assets, but its limited scope in addressing specific tokens like XRP highlights the evolving and often fragmented nature of U.S. crypto policy. As the industry continues to develop, the regulatory focus may shift, depending on how policymakers evaluate the role of various protocols and tokens in the future of finance [1].
Source:
[1] Tokens Named in the White House Digital Asset Report
(https://www.
.com/r/CryptoCurrency/comments/1mdmnic/tokens_named_in_the_white_house_digital_asset/)[3] Ripple Price Prediction: XRP Consolidates Ahead of Fed
(https://www.fxstreet.com/cryptocurrencies/news/ripple-price-forecast-xrp-defends-300-support-ahead-of-us-government-cryptocurrency-policy-report-202507301715)
[5] Ripple and the SEC May Be Reaching a Settlement
(https://coincentral.com/ripple-and-the-sec-may-be-reaching-a-settlement-and-xrp-whales-are-pouring-smart-money-into-find-mining)
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