Luxembourg’s financial watchdog the CSSF has granted final full EMI licensing approval to American digital payments platform Ripple, allowing it to operate throughout the EU.
Founded in the US in 2012, Ripple builds faster, cheaper ways to move money around the world by working with banks and payment companies.
The announcement comes as the firm focuses on global expansion. In January, Ripple received its EMI licence and Cryptoasset Registration from the UK’s Financial Conduct Authority (FCA). It claims to have more than 75…

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