Ripple has been granted EMI license: The door to 27 EU countries opens for XRP
As you can see, Ripple has just achieved a very important milestone by receiving a full EMI license in Luxembourg. This license is not just a piece of paper; it allows Ripple Payments to operate legally across all 27 countries of the European Union (EU). With the "passporting" mechanism, Ripple can deploy cross-border payment services to every corner of the old continent's financial market without needing to seek permission from each country again. #Colecolen
Owning over 75 licenses globally shows that Ripple is on the right track in conquering traditional financial institutions. As major banks in the EU begin to use Ripple's infrastructure for money transfers, the actual demand for XRP will increase significantly. This is the motivation for us to trust in a booming future for XRP in the payment sector. With the legalities sorted out, the price path will be much smoother. Just keep steady at the helm! $BTC $XRP
