Ripple CEO Demands Equal Access to Banking System: Challenging Wall Street’s Resistance

Brad Garlinghouse, CEO of Ripple Labs, has directly confronted the resistance from Wall Street banking lobbyists against integrating cryptocurrency companies into traditional financial systems. This clash highlights growing tension between established institutions and digital asset firms. At the heart of this battle lies Ripple’s push for access to the Federal Reserve’s master accounts – a privilege typically reserved for federally insured banks. By voicing his concerns, Garlinghouse seeks not only to secure Ripple’s position but also to address broader industry challenges faced by the crypto sector.