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In the wake of a significant legal victory against the SEC, Ripple, the renowned crypto payments giant, has set its sights on securing coveted spots on the U.K.'s crypto company register.
The firm's European Managing Director, Sendi Young, revealed to DL News that they have recently submitted applications for crypto asset firm registration with the U.K.'s Financial Conduct Authority (FCA), along with a payment institution license in Ireland.
Despite this major legal triumph in its homeland, Ripple remains steadfast in its expansion plans for the U.K. and European markets.
#ripplexrp #cryptolisense #unitedkindom #ireland #cryptoonindia
The firm's European Managing Director, Sendi Young, revealed to DL News that they have recently submitted applications for crypto asset firm registration with the U.K.'s Financial Conduct Authority (FCA), along with a payment institution license in Ireland.
Despite this major legal triumph in its homeland, Ripple remains steadfast in its expansion plans for the U.K. and European markets.
#ripplexrp #cryptolisense #unitedkindom #ireland #cryptoonindia
#XRP Price Prediction as Ripple Receives Approval to Provide Services to Central Bank of Ireland â $1 XRP Soon.
The XRP price has increased by 1% in the past 24 hours, with its move to $0.619473 coming as the cryptocurrency market as a whole gains by 3% today.
đXRPâs little jump comes after yesterdayâs announcement that Ripple has secured approval from the Central Bank of Ireland as a Virtual Asset Service Provider.
This approval as a VASP puts Ripple on course to offer cryptocurrency services throughout the European Union, a development which could see it gain much more adoption.
đŻAnd with more adoption, the XRP price could continue to rise strongly in 2024, potentially reaching new heights.
đ„XRP Price Prediction as Ripple Receives Approval to Provide Services to Central Bank of Ireland â $1 XRP Soon?
đAs XRPâs chart shows, the market has oversold the altcoin for several weeks now, meaning that itâs due a rebound.
Its RSI (purple) has been under 50 since December 11, and it looks like it has finally begun rising again, signalling potential incoming rises.
đ±Having said that, XRPâs 30-day average (yellow) has flatlined considerably in the past week or so, and given that it has been above the 200-day average (blue) since early November, this could mean that XRP may actually fall further before it begins rising again.
đ„łThis pessimism, however, is undermined by recent market developments and news, with analysts now expecting things to become more bullish once the SEC begins approving Bitcoin ETFs in January.
If the SEC does provide a few ETF approvals, the market will undoubtedly rally big, with XRP likely to benefit more or less as much as any other altcoin.
đOn top of this, Ripple has some good news of its own, with the company now registered as a VASP in Ireland.
Disclaimer:This article is for education not financial advise #Dyor
Follow it took hard work đ to get such articles
#ireland
The XRP price has increased by 1% in the past 24 hours, with its move to $0.619473 coming as the cryptocurrency market as a whole gains by 3% today.
đXRPâs little jump comes after yesterdayâs announcement that Ripple has secured approval from the Central Bank of Ireland as a Virtual Asset Service Provider.
This approval as a VASP puts Ripple on course to offer cryptocurrency services throughout the European Union, a development which could see it gain much more adoption.
đŻAnd with more adoption, the XRP price could continue to rise strongly in 2024, potentially reaching new heights.
đ„XRP Price Prediction as Ripple Receives Approval to Provide Services to Central Bank of Ireland â $1 XRP Soon?
đAs XRPâs chart shows, the market has oversold the altcoin for several weeks now, meaning that itâs due a rebound.
Its RSI (purple) has been under 50 since December 11, and it looks like it has finally begun rising again, signalling potential incoming rises.
đ±Having said that, XRPâs 30-day average (yellow) has flatlined considerably in the past week or so, and given that it has been above the 200-day average (blue) since early November, this could mean that XRP may actually fall further before it begins rising again.
đ„łThis pessimism, however, is undermined by recent market developments and news, with analysts now expecting things to become more bullish once the SEC begins approving Bitcoin ETFs in January.
If the SEC does provide a few ETF approvals, the market will undoubtedly rally big, with XRP likely to benefit more or less as much as any other altcoin.
đOn top of this, Ripple has some good news of its own, with the company now registered as a VASP in Ireland.
Disclaimer:This article is for education not financial advise #Dyor
Follow it took hard work đ to get such articles
#ireland
