XRP Army Connects the Dots with IMF: Why Ripple CEO Missed GENIUS Act Signing Event

Key Points

1. Ripple CEO Brad Garlinghouse was notably absent from the White House signing of the GENIUS Act, while Ripple’s Chief Legal Officer, Stuart Alderoty, attended.

2. The GENIUS Act, along with the Clarity for Digital Tokens Act and the Anti-CBDC Surveillance State Act, aims to provide regulatory clarity for cryptocurrencies in the U.S.

3. The IMF has previously discussed the potential of digital assets like XRP to improve cross-border payments, leading to speculation about a possible collaboration between Ripple and the IMF.

4. XRP enthusiasts believe that Ripple’s global relevance and discussions with financial institutions could lead to future alignment with the IMF.

5. Other crypto-related bills, such as the Clarity Act and the Anti-CBDC Act, are pending in the Senate, which could further shape the regulatory landscape for digital assets.