• XRP price jumps 3.5% after Ripple gains Luxembourg EMI license approval.
• XRP’s trading volume has surged 74%, signalling strong market and institutional interest.
• The immediate XRP price support lies at $2.08, while the immediate resistance is at $2.29.

Ripple has secured preliminary approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the CSSF.

The milestone positions Ripple to expand Ripple Payments across the European Union, bringing institutional-grade digital asset infrastructure to the region.

We’ve secured our preliminary Electronic Money Institution license approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF).

This is a pivotal step toward scaling Ripple Payments across the EU, bringing institutional-grade digital asset infrastructure… pic.twitter.com/GW3c9gVhDs

— Ripple (@Ripple) January 14, 2026

The market reacted positively to the news, with XRP price climbing 3.5% over the last 24 hours, slightly outperforming the broader crypto market’s 3.37% gain.

Trading volume also surged 74% to $4.65 billion, reflecting strong investor and institutional interest.

Ripple’s European expansion

This EMI license is a critical step for Ripple in scaling regulated payment services across Europe.

Luxembourg’s regulatory framework allows Ripple to passport its services across the EU and EEA under the upcoming MiCA regulations.

Ripple now has over 75 licenses and registrations worldwide and has processed more than $95 billion in transactions.

The company emphasises its role in bridging legacy finance with digital assets to unlock trillions in dormant capital.

With the EU leading in digital asset regulation, Ripple aims to help institutions move from pilot programs to commercial-scale operations.

The Luxembourg EMI license reinforces Ripple’s commitment to regulatory compliance, which could accelerate institutional adoption of XRP.

XRP price movement

Following the announcement, XRP price surged to $2.14, with a 24-hour range of $2.06 to $2.18.

The cryptocurrency crossed key technical thresholds, including the 7-day and 30-day SMAs, signalling bullish momentum.

The MACD histogram turned positive, while RSI remains at 61.63, indicating the market is not overbought.

High volume confirms the breakout, reducing volatility risks and suggesting strong market conviction.

XRP’s gains were supported by a broader crypto market rally, with Bitcoin (BTC) and Ethereum (ETH) posting 3.1% and 3.0% gains, respectively.

The Fear & Greed Index at 52 reflected neutral sentiment, allowing XRP to slightly outperform its peers.

XRP price forecast

Traders should watch $2.08 as immediate support, which is critical for sustaining the recent rally.

The first major resistance sits at $2.19, followed by $2.29 and $2.36.

Holding above $2.08 could see XRP test these resistance levels, while a drop below may open the path to $2.00.

The Luxembourg EMI license approval adds a fundamental catalyst that could support XRP’s price in the medium term.

With regulatory clarity and institutional adoption on the rise, XRP is poised to capture further upside in the European market.

Investors and traders should, however, closely monitor whether XRP can maintain strong volume above $3.5 billion, which would validate its breakout and signal continued bullish momentum.

Metaplanet (TYO), in collaboration with Bitcoin Magazine, has revealed an opening up of a new office in Tokyo, Japan, during the Bitcoin Conference in Nashville, TN. This program demonstrates a mutual effort to offer regional, relevant content to the Japanese Bitcoin audience.

Bitcoin Magazine Expanding Reach in Japan

Metaplanet has obtained an exclusive license to run Bitcoin Magazine Japan. This partnership will enable the publication to take advantage of the local knowledge and connections to come up with a product that would be most relevant to the Japanese audience. Bitcoin Magazine Japan is a new part of the larger plan to expand the presence of the company in the global market.

JUST IN: Japanese public company Metaplanet and Bitcoin Magazine partner to launch Bitcoin Magazine Japan

“The opportunity in Japan is massive” pic.twitter.com/OJdeb5gjl3

— Bitcoin Magazine (@BitcoinMagazine) July 25, 2024

Building from the successful launch of Bitcoin Magazine Switzerland, this move seeks to increase audience and influence in order to help provide valuable information and resources to Bitcoin enthusiasts all over the world.

Mike Germano, President of Bitcoin Magazine said,

” As the oldest and most well recognized Bitcoin brand, it is our pleasure to be partnering with Metaplanet to enter the Japanese market. We are also looking forward to strengthening our position and contributing to the local culture by making our content more relevant to the Japanese people.”

Collaboration with Metaplanet

Metaplanet, a company at the forefront of enabling the adoption of Bitcoin in corporations and other organizations, is in harmony with Bitcoin Magazine’s vision to achieve the world’s hyperbitcoinization. Their focus on quality and sticking to the Bitcoin-only policy align with Bitcoin Magazine’s values.

Simon Gerovich, CEO of Metaplanet, said,

“This partnership is a stepping stone for Metaplanet. Together with Bitcoin Magazine, we want to promote the use of Bitcoin in Japan through unique and exciting content for our audience.”

The partnership will help promote the use of Bitcoin in Japan through specific initiatives such as features with Japanese Bitcoin personalities, special issues, and live webinars. The organization also has plans to increase the print and live events for the public domain which will further cement a strong network of Bitcoin friendly enterprises in Tokyo.

Gate.io Ends Services for Japanese Customers

While Bitcoin Magazine and Metaplanet are both seeking to strengthen their positions in the Japanese market, other companies adapt to the local legal framework. Gate. io has stopped its operations in Japan due to the company’s inability to meet the country’s financial rules and regulations. With effect from July 22, 2024, Gate.io temporarily halted new sign-ups for individuals in Japan and is helping the current users to shift their transactions to the cryptocurrency exchanges licensed by the Japanese laws.

Gate.io‘s decision aligns with the exchange’s policy of adhering to international legal standards. The platform will remove Japanese descriptions and limit the availability of Japanese language options during the transition, ensuring customers have the necessary information to manage their accounts and assets effectively.

Amid these developments, Metaplanet is not stopping the increase of its own Bitcoin assets. Metaplanet seized the opportunity of the recent drop in the Bitcoin price to buy an additional 42.47 Bitcoins for 400 million yen (equivalent to 2.42 million US dollars). This raises Metaplanet’s total Bitcoin stash to 203,734 Bitcoins, with a total worth of investment at 2.05 billion yen.

Read Also: Coinbase Adds Support For These 3 Major Cryptos, Prices To Rally?

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Kelvin is a distinguished writer specializing in crypto and finance, backed by a Bachelor’s in Actuarial Science. Recognized for incisive analysis and insightful content, he has an adept command of English and excels at thorough research and timely delivery.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.