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Ripple strengthens its regulatory position by securing MTLs in New York and Texas, while reporting significant growth in North American operations and transaction volumes.
Software and blockchain company Ripple has earned two new US money transmitter licenses (MLTs), allowing more customers to use its licensed cross-border payment solution.
On Jan. 26, 2025, the Ripple CEO Brad Garlinghouse posted a short tweet “slow weekend, anything exciting happened?” The post allegedly aimed to fuel the already heated debate between bitcoinists and XRP fans.
Bitcoin and altcoins saw sharp selling as traders reduced risk following the popular launch of the DeepSeek AI app.
The crypto market is taking a short-term bearish outlook with Bitcoin (BTC) and altcoin prices losing massive gains picked up last week. This follows the Artificial Intelligence (AI) battle between the United States and China.
The price of the native token of the Ripple network, XRP, managed to cut a big portion of the losses it took earlier today after the company announced that it secured two money transmitter licenses (MTLs) in the states of New York and Texas.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
For weeks, Ripple's XRP has been on a tear, breaking key price metrics which allowed it to solidify its standing as one of the industry's biggest cryptos. For most of 2024, XRP has been on a sideways movement, trading at the $0.50 level.
TL;DR Ripple has obtained money transmitter licenses in New York and Texas, allowing it to expand its presence in the U.S. market. With more than 55 money transmitter licenses globally, it also holds significant regulatory registrations in the U.S. and other countries. The company is expanding its presence in the U.S.
Blockchain firm Ripple has announced the acquisition of Money Transmitter Licenses (MTLs) in New York and Texas as the company seeks to expand its domestic footprint in the United States.
XRP has faced significant selling pressure over the past several hours, causing the price to dip to new local lows around $2.65. This decline comes after a period of heightened volatility in the broader cryptocurrency market.
XRP price dived to its lowest point in 12 days as the cryptocurrency sell-off accelerated amid fears surrounding DeepSeek. Ripple (XRP) dropped to $2.
In a latest development, Ripple has obtained Money Transmitter Licenses (MTLs) in New York and Texas, further expanding its presence in the U.S. These licenses enable Ripple to offer compliant cross-border payment services, enhancing its ability to provide financial institutions and crypto businesses with faster, more efficient payment solutions.
San Francisco-based enterprise blockchain company Ripple has received Money Transmitter Licenses (MTLs) in New York and Texas, according to a Monday announcement.
Ripple was awarded financial licenses in New York and Texas, which allow the firm to extend its payment services to more U.S. users.
What's really behind the crypto community's divide?
The price action of XRP against leading cryptocurrency Bitcoin (BTC) has long been one of the main topics of crypto market discussion, and as it seems from recent developments that it will not go away in the near future.
Ripple has secured Money Transmitter Licenses (MTLs) in New York and Texas, marking another step in its U.S. expansion. These licenses, crucial for offering compliant cross-border payment services, strengthen Ripple's ability to provide financial institutions and crypto businesses with faster and more efficient payment solutions.
A new XRP price prediction has surfaced, with a crypto analyst forecasting that the popular altcoin will experience a dynamic surge to $5.85 in the new week. Based on the Elliott Wave Theory and key technical indicators, the analysis outlines how XRP could see a significant upside after breaking out a symmetrical triangle pattern.
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) remains one of the most pivotal cases in the cryptocurrency world. Ripple has recently requested a deadline of April 16, 2025, to respond to the SEC's appeal, adding a new twist to this high-profile dispute.
The world of cryptocurrencies has experienced a major upheaval, marked by the spectacular rise of XRP, the token of Ripple. Usually dominated by Bitcoin and Ethereum, market attention has shifted at the end of 2024 towards this cryptocurrency, which has seen its market capitalization soar by 246% in just three months.
Ripple's expanded regulatory approvals in key US states enhance its competitive edge in the evolving cross-border payments landscape. The post Ripple obtains Money Transmitter Licenses in Texas, New York appeared first on Crypto Briefing.
Industry players across the U.S. are enthusiastic about what the next four years have in store, the firm said.
The company now holds over 55 Money Transmitter Licenses in the US. Its domestic hiring in the country has also doubled since 2023.
