Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
XRP "Shitcoin" Controversy: The Regulatory Logic Behind 75 Licenses
【Crypto World】In response to some claiming that XRP is a “shitcoin,” industry legal experts have offered a different perspective. They point out that Ripple’s global license applications and regulatory compliance progress are fundamentally different from the operations of scam projects.
Data shows that Ripple currently holds over 75 licenses, and recently received preliminary approval for EMI in Luxembourg and authorization from the UK FCA. It’s worth noting that last year, Ripple also won a lawsuit against the U.S. Securities and Exchange Commission. These indicate that Ripple operates transparently under a strict regulatory framework, which is completely different from those shady projects that evade scrutiny.
However, despite these statements, many retail investors in the market still feel frustrated with XRP’s performance. Watching the price hover around $1.95 with no signs of breaking out, this stagnation indeed causes some disappointment. No matter how well regulatory compliance is handled, investors’ main concern ultimately remains: when will this coin start to rise?