Brad Garlinghouse criticizes Wall Street banking lobbyists for opposing the entry of crypto firms into the US banking system

**Ripple CEO Brad Garlinghouse Slams Wall Street Opposition to Crypto Banking Integration**

Ripple CEO Brad Garlinghouse has launched a sharp critique against Wall Street banking lobbyists who are actively opposing cryptocurrency firms' entry into the traditional US banking system. This development highlights the ongoing tension between established financial institutions and the rapidly growing digital asset sector.

Garlinghouse's comments underscore the regulatory challenges facing major cryptocurrency companies like Ripple, which has been battling the SEC over XRP's classification. The CEO's criticism points to institutional resistance that could significantly impact blockchain adoption and DeFi integration within traditional banking frameworks.

This opposition from Wall Street lobbyists represents a critical barrier for cryptocurrency companies seeking banking partnerships and regulatory clarity. The conflict could influence future crypto legislation, Bitcoin adoption by financial institutions, and the broader digital asset ecosystem's growth trajectory.

As regulatory frameworks continue evolving, Garlinghouse's statements reflect the cryptocurrency industry's frustration with traditional banking sector resistance. This development may affect investor sentiment toward Ripple (XRP) and other major cryptocurrencies, while highlighting the ongoing struggle between legacy finance and innovative blockchain technologies in the competitive US financial landscape.