SHIB Price Teases 22% Breakout, Ripple Scores Major EU License Win, XRP Rockets 428% in Capital Allocation, Strategy Makes Biggest BTC Purchase in Months — Top Weekly Crypto News

Ripple expands EU regulatory footprint with Luxembourg EMI approval

Ripple has scored its second major regulatory win in just weeks, securing preliminary approval for an EMI license.

  • License win. Ripple has secured preliminary approval for an Electronic Money Institution (EMI) license from Luxembourg’s regulator. 

The San Francisco-based enterprise blockchain behemoth has secured preliminary approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the CSSF (Commission de Surveillance du Secteur Financier).

It comes just one week after Ripple secured a full EMI license and Cryptoasset Registration from the UK’s Financial Conduct Authority FFCA. Ripple has now locked down both the UK, one of the…

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