BTCC / BTCC Square / Coindesk /
Ripple CEO Blasts Wall Street Banks Blocking Fed Master Accounts for Crypto

Ripple CEO Blasts Wall Street Banks Blocking Fed Master Accounts for Crypto

Author:
Coindesk
Published:
2025-10-15 16:05:50
21
3

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

Wall Street's gatekeeping faces crypto's wrath as Ripple's chief takes aim at banking resistance.

The Master Account Battle Heats Up

Traditional financial institutions are digging trenches around Federal Reserve master accounts—and Ripple's CEO isn't having it. The banking establishment's opposition to crypto access reveals their true colors: fear of disruption to their century-old monopoly.

Banking's Last Stand Against Innovation

While Wall Street banks cry about "risk management," they're really protecting their turf from technology that could make their expensive infrastructure obsolete. The same institutions that brought us the 2008 financial crisis now want to lecture crypto about stability—how rich.

The Future Doesn't Need Permission

Digital assets continue marching forward whether traditional banks approve or not. Their resistance merely proves how threatened they feel by technology that could actually make finance more efficient—and cut out their fat margins.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.