Luxembourg Grants Ripple Final EMI License for European Expansion
Ripple has received a final Electronic Money Institution license from Luxembourg’s financial regulator, the company confirmed Monday.
Ripple has received a final Electronic Money Institution license from Luxembourg’s financial regulator, the company confirmed Monday.
A total of $370.3 million in cryptocurrency was lost to exploits and scams in January.
To modernize cryptocurrency regulation, the SEC and CFTC are jointly launching “Project Crypto.”
In a move to provide market clarity, the SEC has issued guidance stating that tokenized securities are subject to federal securities laws.
The South Korean financial regulator is pushing for ownership ceilings on cryptocurrency exchanges, modeling the approach on existing securities market safeguards.
Close to 40% of merchants in the US now accept cryptocurrency at checkout, a trend fueled by increasing consumer curiosity.
Outflows from digital asset investment products surged to a 15-month high last week, with US$1.73 billion exiting the market.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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