Cryptocurrency payments company and XRP developer Ripple continues to expand its reach in regions around the world, with the latest move being the unveiling of a up-to-date license in Luxembourg. The team demonstrated that this license will enable the company to provide cryptocurrency-based payment services in the country, marking another vital victory in its mission support global payments with XRP at the center of its expansion.
Ripple gains up-to-date EMI license in Luxembourg
In a press release issued on Monday, February 2026, the Ripple team announced that the company has achieved a significant milestone in becoming a full European Union (EU) Electronic money institution (EMI) license in Luxembourg. The license was granted by the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg’s main public authority overseeing the financial services sector.
According to the team, the up-to-date EMI license further strengthens the position of the cryptocurrency payments company and supports plans to accelerate the expansion of payment services across the European Union. It is worth noting that the payment company has been actively seeking a up-to-date license for months. Announced EU license pre-approval earlier in January 2026, revealing that it had met all conditions and requirements set by the CSSF, leading to full authorization to operate in the country.
Cassie Craddock, Ripple’s managing director for the UK and Europe, described the achievement as “transformational”, stressing that it is a significant milestone that strengthens Ripple’s presence at the heart of European financeone of the most vital financial markets in the world. According to Craddock, Europe has long been a strategic expansion priority for the crypto company, and the up-to-date EMI license will now enable the company to scale its mission to deliver secure, strong and compliant blockchain infrastructure to customers across the EU.
She added that regulatory approval allows the company to support European businesses in transitioning to a more competent, digitally-enabled financial model, reflecting the company’s commitment to supporting innovation while adhering to stringent compliance standards. This also highlights Ripple’s ongoing mission to: power blockchain-based payments and deliver solutions using XRP in a region with growing demand for secure and cutting-edge financial technologies.
Ripple and XRP expand global licensing reach
In a press release, the Ripple team revealed that the company’s up-to-date Luxembourg EMI license was granted due to the rapid expansion of the company’s global regulatory portfolio. Just last month, the crypto firm secured both is licensed by EMI and registration of crypto assets from UK Financial Conduct Authority (FCA).
According to the team, Ripple currently holds over 75 regulatory licenses worldwide, ranking it as one of the most regulated and broadly authorized crypto companies in the industry. They emphasized that this extensive regulatory oversight strengthens Ripple’s ability to scale digital asset solutions, including XRP, enabling institutions to transition from legacy systems to a up-to-date digital asset infrastructure.
Featured image from Peakpx, chart from Tradingview.com
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