Overview of the White House Digital Asset Policy Report
The recent White House digital asset policy report, spanning 166 pages and released on July 30, notably omits any reference to the XRP token, which holds the distinction of being the third-largest cryptocurrency with a valuation of $186 billion. This comprehensive document covers a range of topics relevant to the crypto landscape, including new regulatory frameworks for crypto trading, stablecoins, and tokenization practices.
Key Highlights and Omissions
While the report heralds several well-known cryptocurrencies, including Bitcoin, Ethereum, Solana, Chainlink, and Uniswap, XRP did not receive a single mention. In stark contrast, Bitcoin was highlighted 129 times, and its enigmatic creator, Satoshi Nakamoto, appeared 36 times, with the proof-of-work concept receiving 12 mentions.
Among the notable mentions, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) was discussed on page 16, and both Ethereum and Solana were cited as exemplary smart contract platforms.
Ripple’s Acknowledgment
Interestingly, while XRP itself was disregarded in the content of the report, Ripple—the company linked to XRP—was acknowledged twice. It appears in a timeline infographic tracing the evolution of the cryptocurrency sector from 2008 through today, marking its place among other significant entities like Coinbase and Kraken since 2013.
Additionally, Ripple is referenced in footnotes, with citations stemming from a CNBC article featuring insights from Ripple CEO Brad Garlinghouse, indicating the company’s influence in the broader crypto dialogue despite XRP’s absence in the primary narrative.
