Ripple scores another regulatory win in Europe. Ripple has received preliminary approval from the Luxembourg Financial Supervisory Authority (CSSF) for an Electronic Money Institution (EMI) license, which means Ripple Payments is expected to expand its operations across the EU and the 27 European Economic Area countries. Following its recognition by the UK FCA, Ripple's global regulatory licenses now exceed 75. In terms of trading volume, the company has processed over $95 billion in transactions. Market-wise, the XRP token is currently trading between $2.10 and $2.15. This series of regulatory breakthroughs lays a solid foundation for Ripple's internationalization strategy.
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JustHodlIt
· 11h ago
Oh wow, Ripple is taking over Europe again? XRP is probably about to take off
With a trading volume of 95 billion USD, how many institutions are using it behind the scenes?
Luxembourg has given the nod, covering 27 countries. This time is really different
At this rate, regulatory licenses will definitely surpass 100 sooner or later
However, from 2.1 to 2.15, it's still consolidating. When will it break through 3 dollars, friends?
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MEVEye
· 11h ago
Getting licensed again, really competitive. With a trading volume of $95 billion, Ripple is serious about following the compliance path.
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BearMarketLightning
· 11h ago
Getting European licenses again? Ripple is trying to cover the whole world now.
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XRP has been holding onto licenses since above $2, really still far from a breakout.
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75 licenses sound impressive, but the key is whether they can really make money.
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Luxembourg and the UK have approved them, just waiting to see if there will be any surprises later.
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With a $95 billion trading volume, why haven't we seen XRP take off yet?
Ripple scores another regulatory win in Europe. Ripple has received preliminary approval from the Luxembourg Financial Supervisory Authority (CSSF) for an Electronic Money Institution (EMI) license, which means Ripple Payments is expected to expand its operations across the EU and the 27 European Economic Area countries. Following its recognition by the UK FCA, Ripple's global regulatory licenses now exceed 75. In terms of trading volume, the company has processed over $95 billion in transactions. Market-wise, the XRP token is currently trading between $2.10 and $2.15. This series of regulatory breakthroughs lays a solid foundation for Ripple's internationalization strategy.