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XRP Price Holds Firm as Ripple Wins Major UK Regulatory License [Yahoo! Finance]
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XRP held around $2.13 even while other crypto prices moved lower, which stood out during a rough trading day. It shows that legal clarity is starting to carry real weight in crypto markets. London is one of the world's main financial centers, so when regulators there approve a crypto company, investors take notice. Ripple's UK unit received approval from the Financial Conduct Authority to operate as an Electronic Money Institution. In simple terms, this allows Ripple to move digital money for businesses, similar to how PayPal or Wise handle payments. Ripple says this lets it offer regulated payment services on a larger scale. However, this approval does not cover everyday users yet. Ripple still cannot offer consumer wallets or crypto ATMs in the UK without more licenses. For banks and payment firms, though, operating under clear rules is what matters most. XRP is used in Ripple's payment system. When Ripple works within strict regulations, large companies feel more comfortabl
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