Ripple Secures FCA Authorization, Enhancing XRP's Long-Term Outlook
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Regulatory Advancement: Ripple's subsidiary, Ripple Markets UK, has received Electronic Money Institution registration from the UK's Financial Conduct Authority (FCA), enabling it to provide payment services and issue electronic money, which enhances Ripple's compliance and operational capabilities in the UK market.
- Positive Market Reaction: Following the FCA authorization, XRP's price increased by 10% over the past week, reflecting market optimism about Ripple's future developments and indicating the asset's growing competitiveness in the global market.
- Long-Term Growth Expectations: Analysts forecast that XRP will rise by 236% to reach $7.09 by 2030, supported by positive updates in the Ripple ecosystem and anticipation surrounding its stablecoin, Ripple USD.
- Competitive Landscape: While XRP shows strong performance, DeepSnitch AI's presale has surpassed $1.138 million, with its token price reaching $0.03334 in Stage 4, indicating that emerging projects are gaining traction in the market and may pose a challenge to Ripple.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








