Ripple Payments Europe has been added to the European MiCA register, joining 14 other firms and bringing the total number of authorized crypto asset service providers in Europe to 294. This authorization, granted by Luxembourg’s financial regulator CSSF, allows Ripple to operate as a regulated payments entity across the European Economic Area with passporting rights covering 30 countries. The license complements Ripple’s existing electronic money institution license in Luxembourg, enabling seamless crypto and fiat transactions for banks, fintechs, and corporates. While this regulatory progress strengthens Ripple’s infrastructure in Europe, it has not yet impacted XRP’s market price significantly. The license also positions Ripple to potentially launch its stablecoin RLUSD as a fully regulated product in Europe, although no official announcement has been made yet.
Prediction market data shows traders give XRP only a 7% probability of reaching a new all-time high by December 31, 2026, reflecting skepticism amid its struggle to stay above $1. The odds for an earlier breakout by September 30, 2026, are even lower...
Futures activity for XRP has spiked to its highest since October following the U.S. Consumer Price Index (CPI) report, indicating traders expect increased volatility. The CPI data influences inflation expectations and Federal Reserve policy, which in...
XRP faces potential volatility after its futures open interest rose to 2.67 billion XRP, the highest since October, while its price hovers near a critical $1 level. A recent exploit drained about $200,000 worth of XRP from a bridge, adding to market ...
Ripple has extended its blockchain research partnership with NYU Abu Dhabi until 2027, reinforcing the university's role as a regional hub for blockchain research and talent development. The collaboration, part of Ripple's University Blockchain Resea...
In August, XRP's network activity surged by over 84%, with active addresses increasing from 23,642 to 43,543 in just 11 days. This growth indicates heightened participation and adoption of the XRP ledger, even though the token's price has fallen by 3...
