Ripple Secures Full EU-Wide Electronic Money Institution License

In major XRP news today, crypto payments firm Ripple on Monday said it has received full approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator. This milestone allows the firm to now operate regulated digital payment services across the European Union, strengthening real-world use cases for Ripple’s native assets like XRP, XRPL, and RLUSD.

XRP News: Ripple Receives Full EU Money License

Ripple has received full approval of its Electronic Money Institution (EMI) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF), according to an official announcement on February 2.

The license enables payment services and e-money issuance across all 27 EU member states under a single passport framework. It will help accelerate its Ripple Payments cross-border product for banks, fintechs, and enterprises.

“Securing our full EMI license in the EU is a transformative milestone that reinforces Ripple’s presence at the heart of European finance,” said Cassie Craddock, Managing Director, UK & Europe at Ripple. As CoinGape reported earlier, Ripple received preliminary approval for a regulatory push in the EU last month.

Some more exciting licensing news in Europe! 🇪🇺

A couple of weeks ago we heard from Luxembourg’s CSSF that @Ripple had received preliminary approval for its EU Electronic Money Institution (EMI) license.

I can now share that we have fulfilled the conditions set by the CSSF,…

— Cassie Craddock (@CraddockCJ) February 2, 2026

In recent XRP news, the company’s subsidiary Ripple UK Ltd also received an EMI license and crypto registration from the UK’s Financial Conduct Authority (FCA) last month. It adds to a growing set of permissions for operating payments and crypto-related services in key jurisdictions.

Ripple also said its global license count has grown to more than 75. This positions the company s one of the more heavily licensed companies in crypto as the industry shifts toward regulated, institution-facing use cases.

XRP Price Bounces amid Trading Activity

XRP price saw a much-needed bounce as traders responded immediately to Ripple’s EU license news. Prices jumped more than 0.70% in an hour, currently trading at $1.61. The 24-hour low and high are $1.53 and $1.65, respectively.

Furthermore, trading volume has decreased by 15% over the last 24 hours, indicating a decline in trader interest. Analysts pointed out that XRP price needs to reclaim $1.86 for a rally.

CoinGlass data showed buying activity in the derivatives market in the past few hours. At the time of writing, the total XRP futures open interest jumped 3% to $2.88 billion in the last 4 hours. XRP futures open interest on CME and Binance also climbed nearly 2%, following a heavy selloff in the last 24 hours.