Ripple Secures Another Key European License as XRP Rises

Crypto financial services company Ripple said Wednesday that it has received preliminary approval for an Electronic Money Institution (EMI) license from Luxembourg's financial regulator, CSSF. The announcement comes just days after Ripple revealed that it had secured EMI license approval from the UK's Financial Conduct Authority. The Luxembourg approval, delivered as a "Green Light Letter," is a key step towards full EMI authorization and strengthens Ripple's ability to expand cross-border payment infrastru ...