Ripple's XRP Omitted from Hong Kong Regulator's Approved List Ripple's XRP is ...

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2025-02-02 18:56:29

Ripple's XRP Omitted from Hong Kong Regulator's Approved List

Ripple's XRP is continuing to gain recognition from global regulators, with potential initiatives such as a Grayscale XRP ETF and CME XRP futures. However, the cryptocurrency has been omitted from the Hong Kong regulator's approved list of cryptos. This news has cast a shadow of doubt over XRP's regulatory standing in the Chinese special administrative region.

The list of approved cryptos was released on January 27, and XRP was noticeably absent. This omission has raised questions about the regulatory status of XRP in Hong Kong. Despite this, XRP is still climbing in value and has received nods from other global regulators.

Here are some key points to note:
* XRP is still gaining recognition from global regulators
* A potential Grayscale XRP ETF and CME XRP futures are in the works
* XRP was omitted from the Hong Kong regulator's approved list of cryptos
* The omission has raised questions about XRP's regulatory status in Hong Kong

Some possible reasons for the omission include:
- Regulatory uncertainty
- Lack of clarity on XRP's status as a security or commodity
- Differences in regulatory approaches between Hong Kong and other regions

https://cryptoslate.com/ripples-xrp-omitted-from-hong-kong-regulators-approved-list-of-cryptos/

#bitcoin #crypto #news #xrp #ripple #hongkong #regulation #cryptocurrency

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npub1c5ehrpe0hcnx3rmypv7kmu7t4ysjnf9dnrtqqedtzl4ref0n2gjq56zewr

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Published at

2025-02-02 18:56:29

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