XRP Price Rises As Ripple Clears Another Elite Regulatory Bar in Europe

The XRP price rose after reports that Ripple secured preliminary approval for an Electronic Money Institution (EMI) license in Luxembourg. This regulatory milestone marks another significant step for the blockchain payments firm as it expands across Europe. Ripple’s Europe Strategy Is Coming Into Focus — And XRP Sits Inside the Rails Ripple said Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has issued an initial “green light” for the EMI license, subject to remaining conditions. If finalized, the authorization would allow Ripple to offer regulated payment services involving stablecoins and other digital assets across the European Union through passporting, using Luxembourg as its regulatory base source: https://beincrypto.com/xrp-price-ripple-europe/