Ripple CEO Bashes Wall Street Bank Opposition of Fed Master Accounts for Crypto

The CEO of Ripple has strongly criticized the opposition faced from Wall Street banks regarding the establishment of Federal Reserve master accounts specifically for cryptocurrency firms. He expressed his concerns about how this resistance hinders innovation and limits the growth potential of the crypto industry, arguing that access to these master accounts is crucial for fostering a more inclusive and competitive financial ecosystem. By speaking out against the entrenched interests of traditional banking institutions, he aims to highlight the need for regulatory changes that would enable greater collaboration between the crypto sector and established financial entities, ultimately benefiting consumers and promoting technological advancement in the financial system. source: https://www.coindesk.com/policy/2025/10/15/ripple-ceo-bashes-wall-street-bank-opposition-of-fed-master-accounts-for-crypto