Ripple secured final approval for a full Electronic Money Institution license from Luxembourg’s financial regulator on Monday. The financial authority granted a preliminary approval on January 14 and now finalizes the upgrade. It also allows Ripple to passport its services across all European Union states.

Ripple received its Electronic Money Institution license from the Commission de Surveillance du Secteur Financier. The license allows Ripple to operate its blockchain-based payments infrastructure. It is a major milestone for the company, as it aims to support institutions moving toward digital settlement systems.

Ripple Expands Regulatory Footprint in Europe

The firm identified Europe as a key growth region for its regulatory strategy. In a statement, Cassie Craddock, Managing Director for the UK and Europe, said that it is a major milestone for Ripple. 

She noted that it enhances its ability to support institutions moving toward digital settlement systems. Additionally, according to Craddock, it gives the business a better operational foundation in the EU market.

The platform received its Electronic Money Institution license and crypto asset registration from the UK’s financial authority in January. It is a major milestone for the company as it aims to scale its services. The UK government is working toward a full digital asset regulatory framework by 2027.

The company currently has over 75 regulatory approvals worldwide. This demonstrates its support for the replacement of legacy systems of settlement. Additionally, it makes compliant blockchain solutions more widely available in different jurisdictions.

The company continued its expansion of its product offerings as it continued its regulatory push. The firm just launched its Ripple Treasury platform last week. This was after the $1 billion acquisition of GTreasury in October 2025. 

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This platform will integrate cash and digital asset management. It will also enable the execution of cross-border settlements with the use of the company’s RLUSD stablecoin.

Ripple Enhances Institutional Support

The platform has also continued its push for the expansion of its institutional partnerships. The company has just signed a multi-year agreement with LMAX Group. 

This agreement includes a $150 million financing commitment. This deal will enable the integration of the company’s RLUSD stablecoin as collateral on the LMAX spot and derivatives platforms.

The stablecoin will be integrated into various products on the LMAX platform. As a result, there will be more liquidity on the institutional markets. It will also increase the adoption rates of tokenized settlement tools. 

The company said its recent approvals and product launches are a reflection of the increasing demand for licensed digital payment infrastructure. 

As the MiCA regulations phase in, Ripple plans to expand its operations in the EU. The company anticipates stricter regulations to provide much-needed clarity for institutions in the EU.

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