Ripple News: XRP Linked Firm Sets up Europe Licensing Drive with Luxembourg Clearance
13 Articles
13 Articles
Ripple Clinches Major License Win In Luxembourg After UK Achievement
Ripple announced Wednesday that it has received a preliminary Electronic Money Institution (EMI) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). This follows on the heels of a similar license and Crypto asset Registration given by the UK’s Financial Conduct Authority (FCA) last Friday. EU Regulatory Progress In its press release, Ripple emphasized that these new licenses contribute to its extensive portfolio, no…
Pundit: This Is Exactly What XRP Was Built for
In a development that could mark a turning point for blockchain‑driven finance, Ripple has secured preliminary approval of an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF). This approval, delivered as a conditional “green light letter,” brings the company one step closer to full authorization to operate regulated payment services across the European Un…
The financial regulator of Luxembourg granted Ripple an initial license of Electronic Money Institution (EMI), which allows Ripple to advance in its mission of conquering the European digital payments sector. *** Luxembourg Financial Regulator granted Ripple a money license. Initial approval of the Electronic Money Institution (EMI) license is a key step. It is part of Ripple’s efforts to conquer the digital payments sector in Europe. Ripple adv…
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