Ripple Builds EU Regulatory Presence With Luxembourg Authorization

• Luxembourg’s CSSF issued a green light letter, moving Ripple closer to full EU-wide EMI authorization.
• The preliminary approval enables progress toward regulated, passported payment services across the EU.
• Combined UK and Luxembourg approvals expand Ripple’s regulated operational base in Europe.

Ripple has received preliminary authorization for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, marking a further step in the company’s European regulatory expansion. The approval was issued by the Commission de Surveillance du Secteur Financier (CSSF) through a formal “green light letter,” according to a statement released by the company.

The authorization confirms that Ripple has met the initial regulatory requirements associated with its EMI application. While the approval does not yet constitute a full license, it places the company on a defined path toward obtaining final authorization, which would allow it to provide regulated payment services to financial institutions across the European Union.

Luxembourg Approval Advances EU Payments Strategy

Ripple stated that the Luxembourg approval supports its efforts to expand regulated, end-to-end payment services within the EU. Under the bloc’s passporting framework, an EMI license granted in one member state can be extended to other EU jurisdictions, provided the supervisory conditions are met. Once fully authorized, the company would be able to service EU-based customers through a single regulatory hub.

The Luxembourg decision follows Ripple’s recent regulatory progress in the United Kingdom, where the firm obtained both an EMI license and cryptoasset registration from the Financial Conduct Authority. Together, the UK and Luxembourg approvals strengthen the company’s operational footprint in two major European financial centers.

Focus on Always-On Settlement Infrastructure

According to Ripple, the payments platform associated with the EMI application is designed to support continuous, around-the-clock settlement, addressing limitations found in legacy financial infrastructure. Company officials said the structure is intended to facilitate the movement of value across borders using digital asset technology, within regulated environments.

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Monica Long, president of Ripple, said the EU’s early adoption of comprehensive digital asset regulations has contributed to increased institutional adoption of blockchain-based payment systems. She noted that regulatory clarity has enabled financial institutions to move beyond pilot programs toward commercial deployment.

Luxembourg’s Role as a Financial Hub

Cassie Craddock, Ripple’s managing director for the UK and Europe, highlighted Luxembourg’s role as a center for financial services and regulatory innovation. She stated that the jurisdiction’s supervisory framework has made it an attractive base for firms building regulated digital asset infrastructure.

Ripple disclosed that it currently holds more than 75 licenses and registrations globally and has processed over $95 billion in transaction volume to date, with its payments network reaching a large share of daily foreign exchange markets.

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