White House Report Ignores Discussion on XRP
In a recently published 166-page report, the White House delved into the complex world of digital assets, addressing topics such as crypto trading rules, tokenization, and stablecoin regulation. The report shed light on several prominent cryptocurrencies, with Bitcoin, Ethereum, Solana, Chainlink, and Uniswap receiving individual mentions.
Bitcoin, the largest cryptocurrency by market capitalization, was the most referenced, with 129 mentions. Ethereum, a leading smart contract platform, followed closely behind, as did Solana, another prominent player in the smart contract space. Chainlink received notable attention for its Cross-Chain Interoperability Protocol (CCIP), which was mentioned on page 16 of the report.
However, Ripple and its XRP token, despite being among the earliest cryptocurrency companies and the third-largest cryptocurrency by market capitalization, were conspicuously absent from the report. Ripple was mentioned twice in the report, once on a timeline-style infographic showing the evolution of the cryptocurrency ecosystem from 2008 to the present day, and again in a footnote referencing a CNBC interview with Ripple’s CEO Brad Garlinghouse.
The report did not delve into the role or specific details about Ripple's involvement in the cryptocurrency ecosystem beyond these mentions. Nor did it compare Ripple to Ethereum or Solana in terms of smart contract capabilities or other features. Furthermore, the report did not mention the current price of XRP, Bitcoin, Ethereum, or any other cryptocurrency.
Interestingly, the Ripple-linked XRP token was not mentioned at all in the report, despite being a significant player in the cryptocurrency market. Additionally, the report did not address any regulations or rules specifically related to Ripple or the XRP token.
Despite the omission of Ripple and XRP from the report, the White House digital asset policy report serves as a comprehensive guide to understanding the current state of the cryptocurrency landscape, highlighting key players and the issues they face.
- The White House's digital asset policy report discussed several cryptocurrencies, with Bitcoin, Ethereum, Solana, Chainlink, and Uniswap receiving individual mentions.
- Bitcoin, being the largest cryptocurrency by market capitalization, was the most referenced in the report, with 129 mentions.
- Ethereum, a leading smart contract platform, followed closely behind in the mentions, as did Solana, another prominent player in the smart contract space.
- Chainlink received notable attention for its Cross-Chain Interoperability Protocol (CCIP), which was mentioned on page 16 of the report.
- However, Ripple and its XRP token, despite being among the earliest cryptocurrency companies and the third-largest cryptocurrency by market capitalization, were conspicuously absent from the report.
- The report did not compare Ripple to Ethereum or Solana in terms of smart contract capabilities or other features, nor did it delve into the role or specific details about Ripple's involvement in the cryptocurrency ecosystem.
- The report did not address any regulations or rules specifically related to Ripple or the XRP token, and it did not mention the current price of XRP, Bitcoin, Ethereum, or any other cryptocurrency.
