XRP News Today: Regulatory Changes and Trading Developments Drive XRP's Unpredictable Rise

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XRP News Today: Regulatory Changes and Trading Developments Drive XRP's Unpredictable Rise

Bitget-RWA2025/10/28 08:32

By:Bitget-RWA

- U.S.-China trade talks in Kuala Lumpur progress toward a potential Trump-Xi summit, per USTR Greer. - Ripple strengthens crypto position via acquisitions and White House donor ties, elevating XRP's strategic role. - Trump appoints crypto-savvy Mike Selig as CFTC chair, signaling regulatory clarity and pro-crypto policy shifts. - XRP rises to $2.55 amid bullish factors but faces uncertainty from regulatory risks and macroeconomic pressures.

Trade discussions between the United States and China, currently in their second day in Kuala Lumpur, are making gradual progress and may soon lead to a high-level meeting between President Donald Trump and President Xi Jinping,

according to USTR Greer

. U.S. Trade Representative Jamieson Greer reported advancements across a wide spectrum of topics, such as rare earth elements and trade policies, indicating that the two leaders are approaching what could be a "highly productive meeting" before their planned summit in South Korea,

a US News report said

. At the same time, the cryptocurrency sector is paying close attention, as changes in U.S. trade policy and regulatory updates could have a significant impact on the future of

XRP

, the digital asset native to Ripple.

Ripple, a fintech company based in San Francisco, has recently strengthened its position in the digital currency industry through targeted acquisitions and building political relationships. The firm joined the ranks of major technology companies like Amazon and Google on a

White House donor list

, a development that has generated enthusiasm among XRP supporters. Ripple CEO Brad Garlinghouse underscored the importance of XRP to the company's business, stating, "XRP is at the center of everything Ripple does," and pointed to recent deals, such as the $1.25 billion acquisition of prime broker Hidden Road, as highlighted in the article. These strategic moves are in line with broader regulatory changes under the Trump administration, which has shown support for the crypto industry.

XRP News Today: Regulatory Changes and Trading Developments Drive XRP's Unpredictable Rise image 0

Further boosting optimism, President Trump

appointed Mike Selig

as the new chair of the Commodity Futures Trading Commission (CFTC). Selig, who previously worked at the SEC and has extensive experience in cryptocurrency, is anticipated to bring greater regulatory clarity and promote cooperation between the SEC and CFTC. His selection comes after joint initiatives to simplify crypto regulations, including a statement in September 2025 that permitted spot crypto commodity products on regulated platforms. Industry figures have welcomed Selig's expertise, with White House AI and Crypto Czar David Sacks describing him as "highly knowledgeable about financial markets" and "committed to updating our regulatory framework."

Recent developments have already influenced XRP's market performance. As of October 25, the token was trading near $2.55, reflecting a rise of more than 5% over the previous 24 hours, according to the article. Analysts link this surge to Ripple's connections with the White House, increased regulatory certainty, and the company's assertive growth strategy. Still, reaching the $5 price milestone remains uncertain. A recent

Crypto News prediction

pointed out that while speculation about ETFs and growing institutional interest could push XRP higher, challenges such as regulatory ambiguity and broader economic conditions continue to pose risks.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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