XRP Lawyer Fights Back as Banking Groups Try to Block Ripple and Circle's Federal Licenses

  • Prominent crypto advocate and attorney John Deaton is once again in the spotlight—this time challenging the American Bankers Association (ABA) over its recent opposition to Ripple and Circle's attempts to secure federal bank licenses. Deaton, well known in the XRP community for his vocal support of fair crypto regulation, criticized the ABA's move as a protectionist measure designed to keep innovation out of the traditional banking space.