The crypto coin that wants to be legal, don't you find it?
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BeInCrypto IT
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The price of XRP rises as Ripple clears another major regulatory hurdle in Europe
The price of XRP rose after the announcement that Ripple received preliminary approval for an Electronic Money Institution (EMI) license in Luxembourg.
This regulatory milestone represents another important step for the blockchain payments company as it continues its expansion across Europe.
Ripple's European strategy is taking shape, with XRP at the heart of the infrastructure
Ripple stated that the Luxembourg financial regulatory authority, the Commission de Surveillance du Secteur Financier (CSSF), has given an initial "go-ahead" for the EMI license, subject to meeting additional conditions.
This regulatory milestone represents another important step for the blockchain payments company as it continues its expansion across Europe.
Ripple's European strategy is taking shape, with XRP at the heart of the infrastructure
Ripple stated that the Luxembourg financial regulatory authority, the Commission de Surveillance du Secteur Financier (CSSF), has given an initial "go-ahead" for the EMI license, subject to meeting additional conditions.
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