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Ripple wins early money license nod in Luxembourg for Europe expansion
The payments firm says the CSSF has issued a preliminary approval for an EMI license, a step toward offering regulated crypto and stablecoin payment services across the EU.
Ripple has received preliminary authorization for an e-money license in Luxembourg, which could help it expand digital-asset payment services across the EU.
The Luxembourg EMI license would allow Ripple to offer regulated payment services involving stablecoins and other digital assets throughout the EU.
Ripple is also seeking a CASP license under the EU’s MiCA regime to align its operations with new regulatory standards.
source: coindesk