#casp
casp
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❗️Ripple received prior approval under MiCA
🔥 Ripple has received preliminary approval for a crypto-asset service provider license (#CASP ) in Luxembourg. After final approval, the company will be able to offer crypto services to banks, fintech companies, and businesses across all 30 countries.
🤔 In February of this year, Ripple was granted authorization by an electronic money institution, enabling it to provide cross-border payment services within the EEA.
🖇 Dual licensing will pave the way for building infrastructure for cryptoassets and stablecoins.
❗️Ripple received prior approval under MiCA
🔥 Ripple has received preliminary approval for a crypto-asset service provider license (#CASP ) in Luxembourg. After final approval, the company will be able to offer crypto services to banks, fintech companies, and businesses across all 30 countries.
🤔 In February of this year, Ripple was granted authorization by an electronic money institution, enabling it to provide cross-border payment services within the EEA.
🖇 Dual licensing will pave the way for building infrastructure for cryptoassets and stablecoins.
Crypto_Vision:
Це може стати одним із найважливіших кроків для Ripple в Європі. Регуляторна визначеність часто важливіша за гучні новини, адже саме вона відкриває двері для масштабного корпоративного впровадження. Якщо компанія успішно завершить ліцензування, це суттєво зміцнить її позиції на європейському ринку. 📈
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XRP death cross + oversold, but are whales quietly scooping up? 📉🐋
XRP just hit a new 13-year oversold record, with RSI dropping to 27.55, and the 50/200 day moving averages have crossed into a death cross; the technical analysts are collectively bearish. But interestingly, over the past few days, more than 25 million XRP have been moved off exchanges, with whale wallets hitting a new high of 332,230. At the same time, Ripple has secured a preliminary license under the EU MiCA regulations, and the Bitwise XRP ETF has seen inflows exceed $200 million this year. While everyone is shorting, the big players are quietly buying—of course, if $1.20 doesn't hold, the next test will be the $1 psychological level. The CLARITY Act may see progress this month, and the short squeeze could end up being crazier than the technical charts suggest. ⚡️
#casp #ripple #xrpusdt #cryptonews #etf
XRP just hit a new 13-year oversold record, with RSI dropping to 27.55, and the 50/200 day moving averages have crossed into a death cross; the technical analysts are collectively bearish. But interestingly, over the past few days, more than 25 million XRP have been moved off exchanges, with whale wallets hitting a new high of 332,230. At the same time, Ripple has secured a preliminary license under the EU MiCA regulations, and the Bitwise XRP ETF has seen inflows exceed $200 million this year. While everyone is shorting, the big players are quietly buying—of course, if $1.20 doesn't hold, the next test will be the $1 psychological level. The CLARITY Act may see progress this month, and the short squeeze could end up being crazier than the technical charts suggest. ⚡️
#casp #ripple #xrpusdt #cryptonews #etf
With just a few weeks left before the MiCA deadline on 1/7, Ripple has snagged preliminary approval for a CASP license in Luxembourg. This move isn't just procedural – it shows that Ripple is serious about establishing a solid legal foothold right in the heart of Europe’s financial hub.
With this license, Ripple can legally offer custody, trading, and conversion services for cryptocurrencies across the EU – a market of 450 million people. This is an extremely positive signal for institutional investors who always need legal clarity before diving in.
Of course, it's only preliminary approval, but it opens up a huge opportunity for XRP in the long run. Ripple is playing the compliance game, and if they succeed, this will be a real catalyst, not just a temporary hype. The key is to stay disciplined and avoid FOMO when the market is still so volatile. DYOR.
#XRP #Ripple #MiCA #CASP #EU
With this license, Ripple can legally offer custody, trading, and conversion services for cryptocurrencies across the EU – a market of 450 million people. This is an extremely positive signal for institutional investors who always need legal clarity before diving in.
Of course, it's only preliminary approval, but it opens up a huge opportunity for XRP in the long run. Ripple is playing the compliance game, and if they succeed, this will be a real catalyst, not just a temporary hype. The key is to stay disciplined and avoid FOMO when the market is still so volatile. DYOR.
#XRP #Ripple #MiCA #CASP #EU
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