Australia Makes XRP “Official” as Lawmaker Discloses Holdings in Parliament

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Australia Makes XRP “Official” as Lawmaker Discloses Holdings in Parliament
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Highlights

  • Australian Labor MP Sally Sitou listed XRP as her only crypto holding in Parliament's financial register, filed via CoinSpot.
  • A White House War Room Director also disclosed XRP holdings on Coinbase, putting the asset on record across two governments in one week.
  • Ripple is already pursuing an Australian Financial Services License under the country's April 2026 Digital Assets Framework Bill.

XRP has made its way into Australia’s financial parliamentary record. In the Australian Parliament’s Register of Members’ Interests, Labor MP Sally Sitou indicated her only cryptocurrency holding is XRP with local exchange CoinSpot.

Australian MP Lists XRP

The filing identifies the digital currency as “Cryptocurrency (Ripple).” No Bitcoin and no Ether. Only XRP, included in the financial records of one of the world’s 15 largest economies.

The filing also shows that Sitou has physical gold through ABC Bullion and holds a wide-ranging portfolio of Australian and U.S. equities like the Commonwealth Bank, BHP, Meta Platforms and Costco. XRP is currently the sole listed digital asset.

Australian MP XRP Filing
Australian MP XRP Filing

This disclosure sits inside a broader shift in how Australia treats crypto. The country’s Digital Assets Framework Bill Passed Parliament in April 2026, requiring exchanges and tokenized custody providers to obtain an Australian Financial Services License. Ripple is already pursuing that license, an early sign of its intent to entrench itself in the country’s regulated market.

Australia’s approach to regulation has changed significantly. In under a year, the nation moved from years of legislative silence to a well-organized licensing system for crypto firms.

The shift provides Ripple, the company behind XRP, an obligation as well as an opportunity. The moved has drawn wide attention on X, citing a continuation in adoption.

White House Official’s XRP Filing & XRP’s Track Record

Sitou’s revelation was not the only one capturing attention. Ian Kelley, who serves as the War Room Director at the White House and is also a Special Assistant to the President, reported XRP in a public financial filing after his appointment in January 2025.

His filing places the holding in a Coinbase wallet, valued between $1,001 and $15,000. Unlike Sitou, Kelley holds a broader crypto portfolio, Bitcoin, Ethereum, Solana, Chainlink, and Cardano all appear alongside XRP.

Each asset in Kelley’s portfolio falls within the same $1,001 to $15,000 disclosure range. Neither filing reveals the exact number of tokens held. But both put XRP on the record in two separate governments on two separate continents.

Political financial disclosures carry weight. They are sworn documents. When a lawmaker or White House official lists an asset, it signals more than personal preference, it normalizes that asset within the official financial order.

For XRP, appearing in two such filings in a single week adds to a growing pattern of political legitimacy. The company’s pursuit of an Australian Financial Services License shows it is tracking the regulatory door as it opens.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.