Ripple, the fintech company known for bridging crypto and traditional finance, has reached another regulatory milestone.
The news comes just days after Ripple received its EMI license and Cryptoasset Registration from the UK’s Financial Conduct Authority. Together, these licenses add to Ripple’s impressive portfolio of more than 75 regulatory approvals worldwide.
Ripple Payments is a licensed, end-to-end cross-border solution that manages the movement of funds for its customers. The system connects businesses with global payout partners, delivering fast, transparent. And, reliable transactions without requiring companies to build costly infrastructure themselves. To date, Ripple Payments reaches more than 90 percent of daily foreign exchange markets and has processed over 95 billion dollars in volume.
Monica Long, Ripple’s President, explained that Europe’s clear regulatory frameworks give financial institutions the confidence to expand blockchain beyond pilot programs. “By extending Ripple’s licensing portfolio and evolving our payments solution, we are doing more than just moving money. We are managing the end-to-end flow of value to unlock trillions in dormant capital and moving legacy finance into a digital future,” she said.
Luxembourg’s CSSF has been praised for its progressive approach to supervision, providing a harmonized framework for digital asset operations. Cassie Craddock, Managing Director for UK and Europe at Ripple, said preliminary approval positions Luxembourg as a key hub for financial innovation. The Green Light Letter received from CSSF signals a path toward full EMI authorization and underscores Ripple’s long-term commitment to the European market, where it already maintains offices in London, Dublin, Luxembourg, Geneva, and Reykjavik.
GTreasury, a Ripple solution, has announced the acquisition of Solvexia, a leading provider of no-code financial automation, data management, and analytics solutions. This move expands GTreasury’s platform to automate reconciliation and regulatory reporting across treasury, finance, and compliance operations. This will tackle a major pain point for finance teams: reliance on manual, spreadsheet-driven processes that increase operational risk and audit exposure.
So, by combining GTreasury’s treasury management and digital asset infrastructure with Solvexia’s automation tools, the integrated platform offers a unified approach to financial operations. This will help organizations reduce risk, improve accuracy, and meet growing regulatory demands. According to GTreasury CEO Renaat Ver Eecke, the acquisition removes barriers between treasury, reconciliation, and compliance reporting. This will enable near-perfect accuracy, full transparency, and stronger governance while safeguarding CFO reputation.
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We’ve secured our preliminary Electronic Money Institution license approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). 🇪🇺 This is a pivotal step toward scaling Ripple Payments across the EU, bringing institutional-grade digital asset infrastructure Show more
