Ripple has won preliminary approval from Luxembourg's financial regulator to operate as a crypto-asset service provider across the European Union, a step that still leaves the firm short of a full license. The Commission de Surveillance du Secteur Financier issued what Ripple called a green light letter, an early-stage sign-off that remains subject to final conditions before the company can scale regulated services in the bloc. The permission, once finalized, would let Ripple offer cryptoasset services to banks, fintechs and corporate clients in all 30 countries of the European Economic Area. It builds on an ... (full story)