Ripple CEO Brad Garlinghouse Calls Banks ‘Hypocritical’ For Blocking Crypto Access
Ripple CEO Brad Garlinghouse called banks “hypocritical” for demanding crypto firms strictly comply with anti-money laundering rules and other safeguards while also blocking them from banking system infrastructure. “You can’t say one and then combat the other,” he said, while speaking at DC Fintech Week. ”It’s hypocritical, and I think we all should call them out for being anti-competitive in that regard.” Ripple has applied for a national trust charter and a Federal Reserve master account, which, if approved, would give it greater access to US banking infrastructure. Ripple’s Brad Garlinghouse: Policy, Innovation, and the Future of Global Financ At DC Fintech 2025 pic.twitter.com/SQngi5pfmb — 𝗕𝗮𝗻𝗸XRP (@BankXRP) October 15, 2025 Garlinghouse’s remarks come after crypto-native companies including Ripple, Circle, Wise, and Erebor Bank filed for national bank or trust charters. A...