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Ripple Receives Preliminary Approval from Luxembourg Financial Regulator CSSF

Summary: Ripple has announced that it has received preliminary approval for an electronic money institution license from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. This marks a key step for Ripple Payments in expanding within the European Union, bringing institutional-grade digital asset infrastructure to the region.

Ripple has announced that it has received preliminary approval for an electronic money institution license from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg. This marks a key step for Ripple Payments in expanding within the European Union, bringing institutional-grade digital asset infrastructure to the region.

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