XRP has surged above $2.60, driven by a pro-crypto legislative initiative in France. French politician Éric Ciotti has introduced a bill aimed at integrating digital assets into the national financial framework, promoting crypto as part of a 'new monetary order.' This development has sparked bullish momentum for XRP, with analysts identifying $2.90 as the next significant resistance level.
The proposed legislation seeks to balance investor protection with innovation, potentially setting a precedent for broader regulatory trends across Europe. This move could significantly impact the adoption and regulation of cryptocurrencies within the region.
XRP Surges Past $2.60 Following French Pro-Crypto Legislation
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
