‘Pain Behind Us Now’ — TradingView News
Ripple executive Reece Merrick believes crypto’s days of pain are over. The senior executive officer and managing director of Ripple in Middle East and Africa was speaking in the context of the current favorable regulatory climate.
In the most recent positive development shared by crypto reporter Eleanor Terrett on X, the Federal Reserve has withdrawn its 2023 guidance that effectively blocked uninsured banks from becoming Fed members and engaging in crypto. This guidance underpinned the Fed’s denial of Custodia Bank’s master account.
Merrick applauded this move, adding in response to an observation by an XRP community member regarding the current positive regulatory outlook that the pain is in the rearview now.
Absolutely. The pain is…




