Ripple’s Luxembourg EMI Green Light Puts XRP Back in Focus as EU Crypto Rules Tighten
Ripple received preliminary approval for an electronic money license in Luxembourg, allowing it to expand regulated payment services across the EU. The move comes as new EU rules require crypto firms to secure national licenses. XRP rose above $2.17 after the news but slipped to $2.14, down 1.7% in 24 hours. Daily trading volume reached $4.45 billion.