Ripple OK’d for a EU Electronic Money License

Ripple, a provider of blockchain-based enterprise solutions for the finance sector, received Monday (Feb. 2) full approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF).

The announcement marks a significant expansion of the company’s regulatory footprint and is intended to accelerate the deployment of its payment services across the European Union.

The full authorization follows a preliminary approval granted by the CSSF last month. According to the company, Ripple has since fulfilled all specific conditions required by the regulator to operate as a licensed EMI. This status allows Ripple to scale its blockchain infrastructure for clients across the EU, facilitating a transition for businesses into digital-first financial operations.

Cassie Craddock, Ripple’s managing director for the U.K. and Europe, described the acquisition of the license as a “transformative milestone” that reinforces the company’s presence within the European financial ecosystem. Craddock noted that the region remains a strategic priority, stating that the authorization enables the firm to provide “robust, compliant blockchain infrastructure” to EU-based clients.

The Luxembourg license is the latest addition to Ripple’s growing global regulatory portfolio. In January 2026, the company also secured an EMI license and Cryptoasset Registration from the .K.’s Financial Conduct Authority (FCA).

The company is positioning its extensive licensing as a competitive advantage. In a statement, Ripple said it has more than 75 licenses around the world, more than most crypto companies. The company believes this puts it in a stronger position to support traditional financial institutions as they migrate from legacy technology to modern digital asset infrastructure.

This development is the latest in a worldwide trade for Ripple. Last December, company achieved approval in Singapore for expanded payment activities under its major payment institution license. Ripple has been active in Singapore since 2017, and CEO Brad Garlinghouse noted that it would expand its hiring in the region following this regulatory approval.

As of November 2025, Ripple was valued at $40 billion following a $500 million investment from Fortress Investment Group, Pantera Capital and other funds.