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0 0.00140740740740742 0.00518518518518521 0.000370370370370428 -0.00629629629629623 -0.00481481481481478 0.0114814814814816 0.0138888888888889
Stock impact report

Ripple gains full EU electronic money licence in Luxembourg [Yahoo! Finance]

Galaxy Digital Inc. - Class A common stock (GLXY) 
Company Research Source: Yahoo! Finance
The crypto firm had announced conditional approval last month. It has since met all regulatory requirements set by the CSSF, which has now granted full EMI status recognised across the European Union. The EU licence further extends Ripple's regulatory footprint, following the award last month of an EMI licence and Cryptoasset Registration from the UK's Financial Conduct Authority. The firm now holds more than 75 licences globally. Ripple managing director for UK & Europe Cassie Craddock said: “Securing our full EMI licence in the EU is a transformative milestone that reinforces Ripple's presence at the heart of European finance. “Europe has always been a strategic priority for us, and this authorisation allows us to scale our mission of providing robust, compliant blockchain infrastructure to clients across the EU. We are now better positioned than ever to help European businesses transition into a more efficient, digital-first financial era.” Regulatory progress has been Show less Read more
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