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Ripple secures Money Transmitter Licenses in New York and Texas, enhancing its U.S. presence amid regulatory shifts

January 27, 2025


Ripple Labs has taken a significant step in expanding its U.S. operations by securing Money Transmitter Licenses (MTLs) in New York and Texas. This milestone enhances Ripple’s regulatory standing and strengthens its presence in key financial states, sparking speculation that its cryptocurrency, XRP, could soon reach the much-anticipated $5 mark.


Major Licensing Achievements

With these newly acquired MTLs, Ripple can now offer a licensed version of its cross-border payment solutions, ensuring compliance with stringent regulatory standards in two of the most heavily regulated states in the U.S. These additions bring Ripple’s total number…

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NEWS

Hong Kong Greenlights Crypto for Residency: Bitcoin and Ethereum Now Accepted as Proof of Assets

8 February 2025

Logo sample 11.png

NEWS

Bitcoin Briefly Breaks $100K Barrier on Mixed Job Data Before Retreating

8 February 2025

Logo sample 11.png

NEWS

BlackRock Becomes a Major Ethereum Whale with $3.5 Billion Stake

3 January 2025

Logo sample 11.png

NEWS

Litecoin Sees Significant Growth in Daily Active Addresses in 2024

24 December 2024

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