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Ripple just got something no other major US crypto company has.
A preliminary MiCA license from Luxembourg’s financial regulator. Granted today.
This means Ripple can now offer stablecoin payment systems to companies across all 27 EU member states.
The EU is 450 million people. $18 trillion GDP. And Ripple just got the regulatory green light to operate there fully.
I find this more significant than the daily price move. XRP is at $1.12 today — down with the broader market. But Ripple as a company just expanded its addressable market by an order of magnitude.
Meanwhile the CLARITY Act July 4 window is still on track. 200+ crypto companies are actively pressuring the Senate for a floor vote this week. Prediction markets have odds at 55% — skeptical but not dead.
XRP sitting at $1.12 with EU MiCA access confirmed and US regulatory clarity potentially weeks away is an interesting setup regardless of what Samsung is doing in Seoul today.