Ripple 'Excited' About Its Future in EU, Top Exec Says

utoday10-09

Stuart Alderoty, chief legal officer at blockchain firm Ripple, says that the company is "excited" about its future in the European Union (EU). This comes after Alderoty and other Ripple ...

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Luxembourg has become the first country to invest in Bitcoin. Ripple's moves in the EUAlderoty claims that the EU has led the way in creating \"comprehensive\" rules for digital assets, referring to the MiCA framework that became applicable back in December. In July, it was reported that Ripple wanted to register as an e-money institution via Luxembourg. The license would make it possible for the company to operate across the entire European Economic Area (EEA). Earlier this year, it also incorporated a separate entity in the tiny EU country. As reported by U.Today, BBVA, one of Spain's largest banks, recently adopted the company's custody solution.  In May, Schuman Financial's also MiCA-compliant euro stablecoin went live on the XRP Ledger.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2574115084","isCrawlerRequest":true}