Ripple Prepares Major Expansion Across Europe
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Altcoins Luxembourg’s growing role in digital finance may soon get a major boost from Ripple, which is preparing to anchor its European operations there through a newly sought electronic money license. The move follows a high-profile meeting between Ripple Chief Legal Officer Stuart Alderoty and Finance Minister Gilles Roth, where both sides reportedly emphasized a shared commitment to building a strong digital asset ecosystem within the European Union. Alderoty described the talks as “encouraging,” saying the company views Europe as a cornerstone for its global operations. “The EU has laid out the clearest framework for digital assets anywhere in the world through MiCA,” he said, referring to the bloc’s Markets in Crypto-Assets Regulation. Luxembourg’s government, for its part, is signaling readiness to back that kind of expansion. Minister Roth said the country intends to “remain at the forefront of financial innovation,” underscoring Ripple’s potential role in its long-term fintech strategy. Luxembourg Steps Into the Spotlight Once known primarily for banking secrecy, Luxembourg is now positioning itself as one of Europe’s most crypto-progressive nations. In a landmark decision this year, it announced plans to allocate 1% of its sovereign wealth fund to digital assets, officially becoming the first European state to treat Bitcoin (BTC) as part of its national investment portfolio. That policy shift has energized crypto firms across the region and reinforced Luxembourg’s ambition to become a regulatory gateway for blockchain companies aiming to operate across the European Economic Area (EEA). Ripple’s Strategic Play Ripple’s pursuit of an e-money institution license would allow it to offer digital payment and remittance services throughout the EU once approved. The license represents a significant step beyond its current registrations and could serve as the foundation for broader integration with the continent’s financial infrastructure. The company has already built a strong European presence. Earlier…
Filed under: News - @ October 10, 2025 11:24 am