Ripple Wins Preliminary Luxembourg License Days After Receiving UK Approval

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Merrick opines that crypto is no longer an optional asset as a result of rapid changes and supportive legislation like the GENIUS Act. Nonetheless, Ripple’s latest approval strengthens its position as one of the few crypto firms capable of operating at scale within Europe’s tightening regulatory perimeter. The Luxembourg EMI license opens the door for that model to be replicated across the EU’s single market. This could embed XRP deeper into institutional payment rails over time. The company is also pursuing authorization as a Crypto-Asset Service Provider (CASP) under the EU’s Markets in Crypto-Assets (MiCA) framework. This positions it to align fully with the bloc’s new digital asset rules as they take effect.

Netflix has not confirmed a second season of Ripple yet, so the show’s future remains uncertain. If the streamer does decide to move forward, moreover, viewers should not expect new episodes anytime soon. With writing, filming, and post-production all taking time, Ripple season 2 is unlikely to arrive before 2027. In order to answer this, investors must understand what fueled Bitcoin’s rise to begin with. After all, it’s not like Bitcoin has overtaken fiat currency as a means of payment at global scale.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move. The number of XRP coins held across exchanges has increased to 2.7 billion as of Thursday, from 2.67 billion on Monday.

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