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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Champion Sen Cynthia Lummis Cancels Meeting With Ripple CEO, $XRP Tumbles

Cynthia Lummis Brad Garlinghouse Bitcoin Ripple XRP Crypto Pierre Rochard Bitcoin Magazine United States
Sen. Cynthia Lummis, R-Wyo., reads the draft of the "Bitcoin reserve bill" at Bitcoin 2024 conference in Nashville. Bitcoin Magazine YouTube | Cynthia Lummis Unveils Bitcoin Strategic Reserve Bill (Credit: Bitcoin Magazine on YouTube / Screenshot)

KEY POINTS

  • Garlinghouse urged Lummis to reconsider her stance and "be a leader for all of crypto"
  • Bitcoin maximalists slammed the Ripple CEO for criticizing Lummis in public
  • $XRP holders said it appears Lummis doesn't want a level-playing field in the crypto industry

Sen. Cynthia Lummis, R-Wyo., has canceled a meeting with Ripple CEO Brad Garlinghouse, dashing hopes for a potential shift in dynamics in the long-running power struggle between the Bitcoin and XRP communities.

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