Ripple wins full EU e-money license from Luxembourg regulator
Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has granted Ripple full Electronic Money Institution (EMI) authorization, converting its prior in-principle approval into an operational license. The permit lets Ripple scale Ripple Payments across the European Union, issue regulated e-money and offer payment services that connect fiat corridors and corporate customers under EU rules.
The move is a regulatory milestone for Ripple and a signal that established crypto firms can secure mainstream payment permissions in Europe. While the EMI strengthens Ripple’s ability to onboard banks, merchants and partners and could speed cross-border settlement flows using its network, it does not directly alter the regulatory classification of XRP as a crypto asset. Ripple now has clearer legal footing to expand payment products and pursue broader institutional adoption across the bloc.