Ripple Receives Full E-Money License for the European Union

Ripple has successfully completed the regulatory process in Luxembourg and received full EMI license from the Commission de Surveillance du Secteur Financier (CSSF) ^[1]. Following preliminary approval the previous month, the company fulfilled all required conditions within the stipulated timeframe. The authorization is valid throughout the Union and enables Ripple to offer regulated payment services and e-money services in all EU member states.

Cassie Craddock, Managing Director at Ripple, described the license issuance as a groundbreaking milestone that strengthens the company's position in European finance ^[1]. Europe is a strategic priority, and the authorization enables the development of compliant blockchain infrastructure for EU customers.

The Luxembourg license joins a series of regulatory successes. Ripple recently received both an EMI license and a crypto asset registration from the UK's Financial Conduct Authority ^[1]. Overall, the company holds more than 75 regulatory approvals worldwide, making it one of the most heavily regulated players in the crypto sector. This head start gives Ripple advantages when cooperating with traditional financial institutions and payment service providers.