Ripple secure EMI license for UK and FCA crypto registration; XRP still hold support for $1.40

Ripple don collect Electronic Money Institution (EMI) licence for UK and dem don register as crypto-asset with UK Financial Conduct Authority (FCA). These approvals don extend Ripple regulated footprint for Europe together with the existing EU EMI licence, make the company fit to offer regulated digital-asset payments stack for UK banking rails. E clear road so UK institutions fit route cross-border payments using Ripple licensed platform and e confirm say Ripple infrastructure dey run for XRP Ledger (XRPL) with XRP as the native settlement asset. The regulatory wins don jam with XRP dey trade near one key monthly technical support around $1.40; analysts dey warn say if monthly close pass $1.40 e go maintain the long-term bullish structure with resistance targets around $2.70 and $4.50. On-chain data (CryptoQuant) show exchange XRP reserves don drop to about $2.75 billion, fit reduce immediate selling pressure. Short-term price reaction calm — XRP dey trade near $1.35 and e hardly move after the announcement. The more serious market driver na when banks start to onboard and settlement volume for XRPL dey measurable wey go require on-demand liquidity (ODL), fit increase XRP liquidity needs over time. Ripple still dey continue product development (XRPL upgrades, RLUSD stablecoin minting, banking payment tools) and dem still dey follow US regulatory developments like the CLARITY Act.