Ripple CEO Brad Garlinghouse Criticizes Wall Street Banks Opposing Federal Reserve Master Accounts for Crypto Companies

Brad Garlinghouse, CEO of Ripple Labs, has publicly criticized Wall Street banking lobbyists for their opposition to crypto companies gaining access to Federal Reserve master accounts. Garlinghouse emphasized that the cryptocurrency sector deserves equal treatment and should be held to the same standards as traditional financial institutions. This development highlights the ongoing tension between established banking entities and emerging digital asset firms seeking integration into the mainstream financial system.