Ripple announced that it has received full approval of its Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), enabling it to provide regulated electronic money services across the European Union.
The European Securities and Markets Authority (ESMA) has published guidelines setting criteria for the assessment of knowledge and competence under the EU’s Markets in Crypto-Assets Regulation (MiCA).
European financial authorities are preparing to intensify supervision of crypto-asset service providers (CASPs), signaling a tougher regulatory environment as the EU approaches full implementation of the Markets in Crypto-Assets (MiCA) framework in 2026.
