Ripple receives preliminary EMI approval from Luxembourg regulator

The payments firm says Luxembourg's regulator, the CSSF, has issued a preliminary approval for an electronic money institution (EMI) license.

Ripple said the preliminary clearance is a step toward offering regulated crypto and stablecoin payment services across the European Union.

The firm described the approval as preliminary and framed it as part of its broader push to expand regulated payment services in Europe.

Key Topics

Crypto, Ripple, Luxembourg, Cssf, Emi License, European Union