Ripple has obtained a key electronic money institution license and a crypto asset registration from the UK Financial Conduct Authority (FCA), integrating into the UK monetary system. However, due to geopolitical tensions and overall market turbulence caused by institutional capital outflows, this regulatory milestone was overshadowed, and XRP's price only increased slightly by 0.2%. Analysts believe that, given the current market volatility, it is unlikely for XRP to double in the short term to $2.50.

XRP0.66%
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