Australian MP Discloses XRP as Sole Crypto Holding in Parliament Register

XRP has landed an official mention in Australia’s federal Parliament. According to CoinGape, Labor MP Sally Sitou disclosed XRP as her only cryptocurrency holding in the Australian Parliament’s Register of Members’ Interests, with the position custodied through local exchange CoinSpot.

What the Filing Shows

The register entry identifies the asset simply as “Cryptocurrency (Ripple),” CoinGape reports. Notably, the filing lists no Bitcoin and no Ether, making XRP the sole digital asset recorded by Sitou.

Beyond crypto, the same disclosure shows Sitou holds physical gold through ABC Bullion, alongside a broad portfolio of Australian and U.S. equities including Commonwealth Bank, BHP, Meta Platforms and Costco, according to the report.

CoinGape notes that a White House War Room Director separately disclosed XRP holdings on Coinbase in the same week, meaning the token has now appeared in official financial records tied to two governments within a short span.

Ripple’s Regulatory Push in Australia

The disclosure lands amid a broader regulatory shift in Australia. Parliament passed the country’s Digital Assets Framework Bill in April 2026, a law that requires cryptocurrency exchanges and tokenized custody providers to obtain an Australian Financial Services License, per CoinGape.

Ripple is reportedly already pursuing that license, positioning the company to operate under the new framework as Australia formalizes oversight of digital asset businesses.

Read more: Lawyer Bill Morgan: XRP’s Escrow System Is Its Greatest Strength

Why It Matters

A sitting lawmaker’s personal crypto holding entering a national parliamentary register is a rare instance of a digital asset being documented in formal government paperwork rather than through statements or speculation.

For XRP holders and observers, the disclosure adds a symbolic data point to a year already marked by tightening regulatory clarity in Australia and continued efforts by Ripple to secure licensed footholds in major economies.