Techub News: Ripple announced on the X platform that it has received preliminary approval for an electronic money institution license from the Luxembourg Financial Sector Supervisory Commission (CSSF). Ripple stated that this is an important step for Ripple Payments to expand within the European Union, and the license will support its provision of institutional-grade digital asset payment infrastructure services in the region.
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Techub News: Ripple announced on the X platform that it has received preliminary approval for an electronic money institution license from the Luxembourg Financial Sector Supervisory Commission (CSSF). Ripple stated that this is an important step for Ripple Payments to expand within the European Union, and the license will support its provision of institutional-grade digital asset payment infrastructure services in the region.