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XRP slips 3% despite Ripple license approvals as bitcoin weighs on market
TL;DR:
Ripple received preliminary authorization for an e-money license in Luxembourg, potentially expanding its regulated payment services in the EU.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence BTC price action and market sentiment in the near term.