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Ripple's New Bank License Sparks Community Backlash and Regulatory Scrutiny
Summary by Fxcryptonews
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2 Articles
Bitcoin's price remained stuck near $90,000 all week, retracing to $94,000 with each attempt to break through, even after the Fed cut interest rates. The problem isn't...
Ripple's New Bank License Sparks Community Backlash and Regulatory Scrutiny
In a move that has sent ripples through the crypto community, blockchain payments firm Ripple recently announced securing a full banking license in a prominent offshore jurisdiction. While hailed by some as a significant step towards mainstream financial integration and institutional adoption for XRP, the decision has simultaneously ignited a fervent backlash from a segment of its decentralized user base and raised questions about regulatory imp…
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