Ripple Payments Europe secured a Crypto-Asset Service Provider (CASP) license under the EU's MiCA framework, approved by Luxembourg's regulator CSSF. This license allows Ripple to offer regulated crypto payment services across the European Economic Area with a single authorization, covering 30 countries. Ripple also holds an electronic money institution license in Luxembourg, enabling combined fiat and crypto services. Despite this regulatory milestone, XRP's price remains pressured, trading near $1.07 and about 70% below its all-time high. The licenses support Ripple's long-term stablecoin plans and could boost XRP Ledger activity over time.
Ripple's RLUSD stablecoin crossed a $2 billion market capitalization less than two years after its December 2024 launch, with nearly half issued on the XRP Ledger and slightly more on Ethereum. The stablecoin is backed by cash reserves held under New...
Mastercard will sponsor a 36-hour XRP Ledger hackathon in New York on October 24–25, focusing on protocol innovation, agentic finance, lending, and XRPL functionality projects. This sponsorship highlights Mastercard's involvement in blockchain develo...
XRP surged nearly 50% last week, reaching $1.69 after a White House meeting supporting the CLARITY Act, which aims to clarify crypto regulation. The price has since corrected to around $1.44, with analysts eyeing a support zone between $1.10 and $1.3...
Bitcoin stabilized around $78,000 after a recent pullback from over $81,000, amid the U.S. SEC's progress on updating crypto custody regulations. The SEC's proposed rule changes, now under White House review, aim to clarify how investment advisers an...
Cryptocurrency prices are fluctuating with Bitcoin trading around $78,338, slightly down by 0.40%. Ethereum and Binance Coin show small gains, while several altcoins such as XRP, ADA, and SOL experience notable declines, some exceeding 3%. These mixe...
