Ripple UK CEO Cathy Craddock has signaled it will be a big week for Ripple in Europe. This comes amid a major regulatory milestone for fintech companies.
Today, Ripple announced its second major regulatory milestone in a week, securing preliminary approval for an electronic money institution (EMI) license from the Luxembourg Financial Supervisory Board (CSSF).
This follows last week's announcement that Ripple was granted an EMI license and crypto asset registration by the UK's Financial Conduct Authority (FCA). These new licenses from the EU and UK expand Ripple's portfolio of over 75 regulatory licenses worldwide.
It's been a huge week for @Ripple in Europe! 🇪🇺
Following Friday's approval of the UK @TheFCA electronic money institution (EMI) license and crypto asset registration, we have also received preliminary approval for an EMI license from Luxembourg's CSSF. https://t.co/C2SdJdlMHL
— Kathy Craddock (@CraddockCJ) January 14, 2026
Cathy Craddock, Ripple's managing director in the UK and Europe, said the preliminary approval of an e-money institution license from Luxembourg's Committee for Financial and Financial Supervisory Services (CSSF) is a pivotal step in expanding Ripple payments across the EU. This is expected to bring institutional-grade digital asset infrastructure to the region.
Craddock said Luxembourg's regulatory environment makes it a major hub for financial innovation, and Ripple's pre-approval will allow it to expand its digital asset infrastructure to customers across the European Union.
Main features XRP Institutional implementation is nearing activation
According to RippleX, the allowed domain modification is nearing the enablement threshold. This feature is supported by Ripple and Permissioned DEX and will eventually be enabled.
Last year, Ripple outlined its vision for institutional DeFi. XRP Ledger's launch of a permissioned DEX (decentralized exchange) will mark an important step in that effort.
Permitted domains are a game-changer for XRPL because they bring organizational-level control to the network without sacrificing the tradeoffs of private chains. The Permissioned Domains fix is an enabling feature, but it prepares financial institutions to tackle allowed flows in XRPL.
Permissioned DEXs bring institutional-level compliance-focused capabilities to XRPL DEXs and have strong potential to capture payment-related institutional flows.
