Ripple scores another regulatory win in Europe. Ripple has received preliminary approval from the Luxembourg Financial Supervisory Authority (CSSF) for an Electronic Money Institution (EMI) license, which means Ripple Payments is expected to expand its operations across the EU and the 27 European Economic Area countries. Following its recognition by the UK FCA, Ripple's global regulatory licenses now exceed 75. In terms of trading volume, the company has processed over $95 billion in transactions. Market-wise, the XRP token is currently trading between $2.10 and $2.15. This series of regulatory breakthroughs lays a solid foundation for Ripple's internationalization strategy.

XRP-2.93%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
JustHodlItvip
· 12h ago
Oh wow, Ripple is taking over Europe again? XRP is probably about to take off With a trading volume of 95 billion USD, how many institutions are using it behind the scenes? Luxembourg has given the nod, covering 27 countries. This time is really different At this rate, regulatory licenses will definitely surpass 100 sooner or later However, from 2.1 to 2.15, it's still consolidating. When will it break through 3 dollars, friends?
View OriginalReply0
MEVEyevip
· 12h ago
Getting licensed again, really competitive. With a trading volume of $95 billion, Ripple is serious about following the compliance path.
View OriginalReply0
BearMarketLightningvip
· 13h ago
Getting European licenses again? Ripple is trying to cover the whole world now. --- XRP has been holding onto licenses since above $2, really still far from a breakout. --- 75 licenses sound impressive, but the key is whether they can really make money. --- Luxembourg and the UK have approved them, just waiting to see if there will be any surprises later. --- With a $95 billion trading volume, why haven't we seen XRP take off yet?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt