Brad Garlinghouse Defend Ripple’s Efforts In Strategic Bitcoin Reserve Push

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Brad Garlinghouse Defend Ripple’s Efforts In Strategic Bitcoin Reserve Push - CoinGape

Quick Summary:

The push for a strategic Bitcoin Reserve (SBR) dates back many months, and today, Ripple Labs was flagged as a firm actively lobbying against achieving this.

This callout came from Pierre Rochard, the VP of Research at Riot Platforms, who said Ripple Labs is throwing money at politicians to derail the SBR plans.

Earlier, the President ruled out a single asset reserve as other altcoins, including XRP, were favored to make the list.