Skip to main content
See every side of every news story
Published loading...Updated

Ripple Lands Big Regulatory Win In Europe—So Why Is XRP Bleeding?

Ripple’s full Electronic Money Institution license from Luxembourg enables scaling EU payments and expands its global licenses beyond 75, supporting banks and fintechs, officials said.

  • On Monday, Ripple received full Electronic Money Institution approval from Luxembourg's Commission de Surveillance du Secteur Financier, converting its January 14 preliminary clearance and enabling EU-scale regulated payments.
  • With more than 75 global approvals, Ripple is pushing a Europe-first licensing strategy, adding a UK Financial Conduct Authority EMI license last month and using Luxembourg as a common EU regulatory base.
  • XRP plunged to $1.64 despite the regulatory news and bounced 4% on Monday, testing critical $1.60 support with Supertrend indicator at $1.9280 and Parabolic SAR at $1.7631 as bearish resistances.
  • Last week, Ripple launched Ripple Treasury from its $1 billion GTreasury acquisition and last month partnered with LMAX Group, securing a $150 million financing commitment.
  • Despite Luxembourg's EU role, Ripple did not specify which states will get services first; many can operate without XRP, limiting token demand despite UK crypto regulation plans by 2027.
Insights by Ground AI

27 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Coin Desk broke the news in Manila, Philippines on Monday, February 2, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal