XRP Appears in Australian Parliament's Official Records...Political Sphere Adoption Begins

▲ Australia, XRP/AI generated image

XRP has been listed in the official financial records of the political sphere, as an Australian federal MP declared XRP as their sole cryptocurrency holding to Parliament.

According to CoinGape, a cryptocurrency specialized media outlet, on July 4 (local time), Australian Labor Party MP Sally Sitou disclosed her XRP holdings in the Australian Parliament's Register of Members' Interests. The declaration document listed the digital asset as 'cryptocurrency Ripple' and indicated it was held through CoinSpot. Since Bitcoin or Ethereum were not declared, XRP was recorded as Sitou's only cryptocurrency asset.

MP Sitou also holds a wide range of physical gold through ABC Bullion and Australian and US stocks. However, among digital assets, XRP is the only cryptocurrency listed in the parliamentary financial records. CoinGape noted the inclusion of XRP in the public parliamentary records of Australia, one of the world's top 15 economies.

Australia's cryptocurrency regulatory environment is also rapidly changing. Australia passed the Digital Assets Framework Bill in Parliament in April 2026, requiring exchanges and tokenized asset custodians to obtain an Australian financial services license. Ripple is already pursuing this license to enter the Australian regulated market.

In the United States, XRP holdings have also appeared in government public documents. Ian Kelley, White House War Room Director and Special Assistant to the President, declared holding XRP worth between $1,001 and $15,000 in a Coinbase wallet in his public financial disclosure. Kelley also declared Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Chainlink (LINK), and Cardano (ADA), each within the same value range.

Neither declaration disclosed the exact quantity held. However, XRP has been successively included in the financial disclosure records of an Australian MP and a White House official, and Ripple is pursuing an Australian financial services license. CoinGape emphasized that XRP appeared in government-related public records on two different continents in the same week.

[Article Summary]

-Australian Labor Party MP Sally Sitou declared XRP as her sole cryptocurrency holding in the parliamentary Register of Interests.

-White House official Ian Kelley also stated holding XRP worth between $1,001 and $15,000 in his public financial disclosure.

-Ripple is pursuing an Australian financial services license after the Digital Assets Framework Bill was passed in April 2026.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*