Key facts
- Australian MP Sally Sitou listed XRP as her only cryptocurrency holding in a parliamentary financial disclosure.
- The filing referred to XRP as 'Cryptocurrency (Ripple).'
- Australia recently passed a Digital Assets Framework Bill establishing a licensing system for crypto firms.
- Ripple is seeking an Australian Financial Services License.
- A White House official, Ian Kelley, also disclosed XRP holdings in a financial filing, alongside other digital assets.
Australian Labor MP Sally Sitou has officially disclosed her cryptocurrency holdings as XRP in the Parliament's Register of Members' Interests, marking a significant step in the digital asset's integration into the country's financial landscape. The filing specifically identifies the asset as 'Cryptocurrency (Ripple).'
This disclosure comes as Australia solidifies its regulatory approach to digital assets. The nation's Digital Assets Framework Bill, passed in April 2026, mandates that crypto exchanges and tokenized custody providers obtain an Australian Financial Services License. Ripple, the company behind XRP, is actively pursuing this license, signaling its intent to operate within the country's regulated market.
The move has drawn attention as a continuation of crypto adoption. Separately, Ian Kelley, the War Room Director at the White House and Special Assistant to the President, also reported XRP holdings in a public financial filing in January 2025. Kelley's filing, which listed Bitcoin, Ethereum, Solana, Chainlink, and Cardano alongside XRP, placed the assets in a Coinbase wallet valued between $1,001 and $15,000. Both filings, being sworn documents, contribute to normalizing these assets within official financial systems.