Ripple has taken another important step in expanding its presence in Europe after receiving preliminary approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator. The approval was granted by the Commission de Surveillance du Secteur Financier (CSSF) and strengthens Ripple’s position to expand regulated payment services across the European Union.
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XRP News Today: Ripple Expands in Europe with Luxembourg EMI License Approval
Ripple has taken another important step in expanding its presence in Europe after receiving preliminary approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator. The approval was granted by the Commission de Surveillance du Secteur Financier (CSSF) and strengthens Ripple’s position to expand regulated payment services across the European Union.