PANews reported on January 24 that Pierre Rochard, vice president of research at Riot Platforms, wrote on the X platform: "The biggest obstacle to the Bitcoin strategic reserve is not the Federal Reserve, the Treasury, the banks, or Warren, but Ripple (XRP). Ripple is actively lobbying against the Bitcoin strategic reserve and has invested millions of dollars in politicians to try to hinder the plan. During the Biden administration, Ripple also attacked the Bitcoin mining industry in this way. Obviously, they want to protect their marketing effects and promote the implementation of CBDC based on this network."