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Ripple gains EU-wide license to offer electronic money services through Luxembourg.
Ripple has obtained a full Electronic Money Institution license from Luxembourg’s financial regulator, enabling it to offer regulated electronic money services across all EU member states.
The approval, following preliminary authorization, grants Ripple passporting rights to expand its Ripple Payments platform for banks and enterprises throughout Europe.
The move marks a key step in Ripple’s global regulatory strategy, bringing its total to over 75 licenses worldwide, including recent approvals in the UK.
The company aims to support Europe’s digital-first financial infrastructure, though it has not disclosed specific rollout timelines or initial countries.
Ripple obtiene una licencia a nivel de la UE para ofrecer servicios de dinero electrónico a través de Luxemburgo.