Ripple on Monday secured full Electronic Money Institution approval from Luxembourg’s financial regulator, pushing its global license count past 75, but XRP (CRYPTO: XRP) plunged to $1.64 despite the regulatory milestone.

The Luxembourg EMI License

Luxembourg’s Commission de Surveillance du Secteur Financier granted Ripple final EMI authorization, converting preliminary approval from January 14 into a full license. 

This allows Ripple to scale its payments and digital asset services across the entire European Union.

Building on recent momentum, Ripple received both an EMI license and crypto asset registration from the UK’s Financial Conduct Authority last month. 

The UK approval came as the government advances plans for comprehensive crypto regulation by 2027.

The 75+ License Strategy

Ripple’s license portfolio now exceeds 75 global approvals, positioning it as one of the most heavily licensed companies in crypto. 

The Luxembourg license specifically accelerates Ripple Payments—the company’s cross-border payments product aimed at banks, fintechs, and enterprise clients.

Expanding beyond licensing, Ripple launched Ripple Treasury last week from its $1 billion acquisition of GTreasury in October 2025. 

The platform integrates cash and digital asset management using Ripple’s RLUSD stablecoin for cross-border settlements.

Additionally, Ripple entered a multi-year partnership with LMAX Group last month, including a $150 million financing commitment. 

LMAX will integrate RLUSD as collateral across its institutional trading venues.

XRP Ignores The Good News

XRP bounced 4% on Monday but remains trapped in a severe downtrend after plunging through multiple support levels. 

The token now tests critical $1.60 support—a key psychological level that’s held in the past.

A break below $1.60 signals further selling with minimal structural support between current levels and lower zones. 

The Supertrend indicator sits at $1.9280, firmly bearish and well above current prices.

Meanwhile, the Parabolic SAR at $1.7631 acts as dynamic resistance.

Immediate resistance appears around $1.76-$1.77, then $1.90-$1.93. The technical bias remains heavily bearish unless XRP stabilizes and reclaims $1.76 with conviction.

The Disconnect Problem

The gap between Ripple’s regulatory progress and XRP’s price action highlights a fundamental challenge as Ripple’s business expansion through licensed payment services doesn’t directly translate to XRP demand.

Many of Ripple’s services—including cross-border payments and treasury management—can operate without requiring XRP as the settlement asset. 

Ripple’s 75+ licenses demonstrate institutional legitimacy and create infrastructure for regulated crypto adoption, but potentially without driving XRP utility.

Image: Shutterstock