Ripple, one of the leading blockchain platforms, has scored a milestone after securing a full European Union (EU) Electronic Money Institution (EMI) license in Luxembourg. This indicates that Ripple can provide regulated digital money services based on fiat currencies across regions within the European Union.
The new license also highlights Ripple’s move to scale Ripple Payments, the flagship payment product of the firm, across the EU.
An EMI license is a regulatory authorization that allows companies to launch electronic money and offer specific financial services to the EU.
Ripple received the EMI license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) after scoring a preliminary nod for an EMI license in the EU in January 2026. Now, the blockchain platform has fulfilled all the conditions put forward by CSSF, and this is how it earned complete approval to operate as an Electronic Money Institution.
Ripple aims to provide a compliant blockchain infrastructure
A proper regulation is one of the key requirements for executing a technology or service. Focusing on this angle, Cassie Craddock, Managing Director, UK & Europe at Ripple, said: “Europe has always been a strategic priority for us, and this authorization allows us to scale our mission of providing robust, compliant blockchain infrastructure to clients across the EU.”
The EMI license will allow Ripple to create a digital wallet, provide prepaid cards, and streamline deposits and transfers. In detail, the new license allows Ripple to act like a bank, leveraging blockchain technology to handle settlements.
To note, Ripple can benefit from bringing users directly into its ecosystem, where they do not have to rely on third-party banks for holding and transferring funds, making instant payments, and issuing cards.
Ripple’s previous licenses signal wider expansion
According to Ripple’s official statement, the firm has gained over 75 regulatory licenses globally. The recent preliminary approval of the EMI license and Cryptoasset Registration from the UK’s Financial Conduct Authority (FCA) adds to the list of 75 regulatory licenses.
Other regulatory approvals include Money Transmitter Licenses in the US, Major Payments Institution license in Singapore, Dubai Financial Services Authority (DFSA) License, and more.
Ripple’s sprint into the blockchain space is expanding as the firm has previously partnered with leading fintech firms to offer regulated blockchain-based services. Last week, the firm launched Ripple Treasury following a $1 billion acquisition of GTreasury, a treasury management firm, in December 2025. This helps the firm to use GTreasury’s high-grade treasury software and integrate stablecoin capabilities into the blockchain platform.
