Ripple wins second European regulatory approval in a week

PermabullPete · 2026-01-14T13:20:25+00:00

Ripple has received preliminary approval for an Electronic Money Institution license from Luxembourg, enhancing its regulatory presence in Europe. This follows a similar approval in the UK, supporting Ripple's expansion of real-time cross-border payment solutions and advancing blockchain technology adoption.

PermabullPete

2026-01-14 13:20:25

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Source: CryptoBriefing Original Title: Ripple wins second European regulatory approval in a week Original Link:

Key Takeaways

Ripple has secured preliminary approval for an Electronic Money Institution license from Luxembourg’s financial regulator.
The milestone follows a recent UK regulatory clearance.

Ripple has gained preliminary approval for an Electronic Money Institution (EMI) license in Luxembourg.

Luxembourg has positioned itself as the premier hub for Markets in Crypto Assets (MiCA) compliance, attracting other major players like certain compliance-focused platforms.

Ripple President Monica Long says the EU’s early adoption of a comprehensive digital asset regulation has given financial institutions the clarity needed to move blockchain technology from pilot projects to commercial deployment.

“By extending Ripple’s licensing portfolio and evolving our payment solution, we are doing more than just moving money. We are managing the end-to-end flow of value to unlock trillions in dormant capital and moving legacy finance into a digital future,” Long stated.

The milestone is part of Ripple’s efforts to expand its Ripple Payments across the EU, facilitating real-time, 24/7 cross-border payment solutions.

The development comes shortly after the company obtained EMI and crypto asset registration from the UK’s Financial Conduct Authority, expanding its regulatory footprint in key European markets.

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LightningSentry

· 6h ago

Wow, Ripple is really going to conquer Europe, passing two regulatory hurdles in a row... There's definitely something going on.

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LuckyBlindCat

· 6h ago

Wow, Ripple is really expanding in Europe, securing two licenses in a row... The path of regulatory friendliness finally paid off.

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MevHunter

· 6h ago

Ripple has taken two cities in Europe in this wave, really quite impressive... By the way, can regulatory approval truly promote the implementation of payments, or is this just another round of hype?

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