- Ripple receives preliminary EMI approval in Luxembourg.
- The news comes just days after the UK EMI license and FCA registration.
Ripple has announced its next big success in Europe. The company announced today via that it has received preliminary approval for an Electronic Money Institution (EMI) license from the Luxembourg financial regulator Commission de Surveillance du Secteur Financier (CSSF).
The news comes just days after the Financial Conduct Authority (FCA) also freshly granted its EMI license and crypto asset registration in the UK on Friday, according to Ripple.
Ripple peilt EU-Expansion an
Cassie Craddock, vice president and managing director for UK and Europe at Ripple, described the development as a “massive week” for the company in Europe. In one Post On
“Immediately following our EMI license and crypto asset registration with the UK FCA, which came on Friday, we have now also received pre-approval for an EMI license from the Luxembourg CSSF,” Craddock wrote, adding:
“Luxembourg’s challenging and progressive regulatory environment makes the country a premier location for financial innovation and our pre-authorization there will enable us to scale our pioneering digital assets infrastructure for clients across the European Union.”
Craddock explicitly referred to a planned institutional rollout in Europe: “Regulatory clarity is the key to institutional adoption and Ripple is leading the way here.
The official Ripple account on X also described the preliminary approval via X as a milestone for the expansion of its products. In an accompanying post, the company spoke of a “decisive step” in scaling Ripple Payments in the EU.
“We have secured our preliminary approval for an Electronic Money Institution license from the Luxembourg CSSF. This is a crucial step towards scaling Ripple Payments in the EU and providing the region with institutional-grade digital asset infrastructure.”
To put things into perspective, Ripple referred to key figures on global reach and usage: The company cites “more than 75 licenses and registrations worldwide”, “over 95 billion US dollars processed volumes” and a reach of “90% of daily FX markets”.
At the same time, Ripple referred to the EU’s leading role in the digital sector:
“As the EU leads the way in creating a regulatory framework for digital assets, we are helping institutions move from pilot projects to commercial scale, bridging the gap between traditional finance and the digital future to unlock trillions in idle capital.”
In a video message, Craddock specified what the step should mean from the perspective of users. “European customers can now take advantage of real-time settlement, global on- and off-ramps, and last-mile payouts, all controlled end-to-end via Ripple’s market-leading digital asset technology.”
We’ve secured our preliminary Electronic Money Institution license approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF).
This is a pivotal step toward scaling Ripple Payments across the EU, bringing institutional-grade digital asset infrastructure… pic.twitter.com/GW3c9gVhDs
— Ripple (@Ripple) January 14, 2026
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