Ripple has received early approval for an Electronic Money Institution license in Luxembourg. This helps increase its presence in Europe with regard to blockchain payments.
Ripple Obtains Important Regulatory Approval in Luxembourg
In its press release, the company confirmed that it has received its preliminary approval in relation to EMI licensing. It was received from the financial regulator in Luxembourg, called the Commission de Surveillance du Secteur Financier (CSSF). This is an important step in the company’s expansion of its EU cross-border payments infrastructure.
Since obtaining the license, the company is getting closer to the provision of the regulated end-to-end payment services to the financial institutions in the EU. This happened shortly after the company obtained its license from the FCA in the UK.
According to company officials, the solution would facilitate the transformation of European institutions’ outdated settlement systems to always-on payment infrastructure operating around the clock.
Monica Long, President of Ripple, also highlighted that the early lead of Europe on regulative frameworks for digital assets has contributed to accelerating the adoption of blockchain at the institutional level.
“The EU was amongst the first major jurisdictions to introduce comprehensive digital assets regulation, which provides the certainty financial institutions need to move blockchain from pilots to commercial scale,” she said.
She further highlighted that the payments platform of the firm is developed to handle the entire flow of value. This helps unlock the locked capital within the legacy systems.
Cassie Craddock, Managing Director for the UK and Europe, picked out the increasing importance of Luxembourg as a hub for financial innovation. She also shared how this has made it an attractive location for those developing blockchain infrastructure.
We’ve secured our preliminary Electronic Money Institution license approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). 🇪🇺
This is a pivotal step toward scaling Ripple Payments across the EU, bringing institutional-grade digital asset infrastructure… pic.twitter.com/GW3c9gVhDs
— Ripple (@Ripple) January 14, 2026
The CSSF granted the approval in what’s known as a “Green Light Letter.” This confirms Ripple has satisfied all the initial regulatory requirements . It means they are now on the right track for a full EMI authorization. When this license is finally achieved, the company would be able to service customers within the EU.
XRP Payments Expand Worldwide
This approval in Luxembourg follows some notable regulatory victories for the company in various regions. In fact, the company secured approval from the Monetary Authority of Singapore last month. This was done to expand the coverage of its payment services. It’s a step that it believes will increase the usage of its stablecoin offering in the Asia-Pacific region.
In a related development, the firm received conditional approval from the OCC of the United States to operate as a national trust bank.
Ripple also entered the market in the UAE last March. This came after it received the green light from Dubai’s FSA to offer payment services in one of the world’s largest hubs.