XRP Decentralization: Ripple's Control & MiCA Explained! (Part 2)

Is XRP truly decentralized? In this *Part 2* video, we dive deep into the *complex relationship between XRP, Ripple Labs, and the EU's MiCA regulation*. Many believe XRP existed long before Ripple, but historical evidence shows *both were created by the same founding team in 2012*. Crucially, *80 billion of the 100 billion pre-mined XRP were allocated to the newly formed company (OpenCoin/Ripple* ), establishing a lasting economic link. Discover *why MiCA classifies XRP as a 'utility token' with an 'identifiable issuer* ' – that issuer being Ripple. This is because MiCA focuses on *contemporary issuer relationships* and evaluates *current issuer influence*. Ripple's *ongoing control over a significant portion of XRP's supply (ranging from 36-46%* ) through escrow releases and its *active promotion of XRP's utility in cross-border payments* via RippleNet and ODL firmly establish its issuer status under MiCA. While the XRP Ledger's validator network has become more decentralized over time, with Ripple operating only 2 of 35 validators, *this technical decentralization does not eliminate the issuer relationship established through token distribution and ongoing influence*. Learn why *Bitcoin and Ethereum are exempt from MiCA's issuer obligations* because they lack an identifiable issuer, unlike XRP. MiCA's approach sets a precedent for how pre-existing assets with centralized elements are regulated. This video breaks down the nuances to help you understand XRP's true regulatory standing! 🔔 Please subscribe for more in-depth crypto analysis and hit the notification bell so you don't miss our next video! *Disclaimer* : Not financial advice. This video is for educational and informational purposes only. Always do your own research before making any investment decisions.