Ripple CEO Unveils New Format for XRP Markets Report Amid SEC Tensions

Ripple CEO Brad Garlinghouse has announced a major change in how the company will release its XRP Markets Report starting in Q1 2025. In a recent post on X (formerly Twitter), Garlinghouse stated that the report “will look a little different” going forward. Instead of publishing comprehensive quarterly reports, Ripple will now share updates on its XRP holdings through a series of blog entries and social media posts.

The XRP Markets Report, originally launched in 2017, was intended to provide transparency around Ripple’s XRP sales and holdings. However, Garlinghouse noted that this transparency was later “weaponized” by the U.S. Securities and Exchange Commission (SEC) during its lawsuit against Ripple. The SEC allegedly used Ripple’s own disclosures to argue that XRP was not decentralized enough to be considered a non-security asset.

Ripple’s legal battle with the SEC has drawn significant attention within the crypto industry, as it could set a precedent for how digital assets are classified and regulated in the U.S. The shift in how Ripple communicates XRP-related data suggests a more cautious approach to public disclosures amid ongoing regulatory scrutiny.

This move could also reflect a broader trend among crypto companies looking to balance transparency with legal risk. By transitioning to a more flexible and segmented communication strategy, Ripple aims to continue informing the public and stakeholders while reducing the likelihood of its statements being used against it in court.

The revised reporting method may also enhance Ripple’s ability to respond in real time to market developments and legal shifts, keeping the XRP community informed while minimizing regulatory exposure.