That is correct—as of February 2, 2026, the news is official. Ripple has secured a full Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF).

This is a major strategic pivot for Ripple in Europe. Here is the breakdown of what this means and why people are talking about $ZIL in the same breath:

🇱🇺 Ripple’s Luxembourg Win

After receiving preliminary approval back in mid-January, Ripple has now satisfied all the CSSF’s conditions to move to full status.

* The "Passporting" Power: Under EU rules, this license allows Ripple to "passport" its services across all 27 EU member states and the wider European Economic Area. They no longer need to apply for individual licenses in every single country.

* Ripple Payments & Stablecoins: The license specifically empowers Ripple to issue electronic money and scale Ripple Payments, targeting banks and fintechs across the continent. It also paves the way for their stablecoin (RLUSD) to operate legally under the EU’s MiCA (Markets in Crypto-Assets) framework.

* Global Footprint: Ripple now holds over 75 regulatory approvals globally, including recent wins with the UK’s FCA and in the UAE.

💎 What’s happening with Zilliqa ($ZIL)?

You mentioned $ZIL, which is currently seeing its own wave of activity this week.

* The "Cancun" Upgrade: Zilliqa is scheduled for a major network hard fork (the Cancun upgrade) on February 5, 2026 (at block 19,486,411).

* Key Changes: This update is designed to improve communication speeds between nodes and provide finer control over the network, building on the foundation of Zilliqa 2.0.

* Market Sentiment: While Ripple’s news is a regulatory milestone, ZIL traders are watching for a potential "buy the rumor, sell the news" scenario around this technical upgrade, especially as the token attempts to break out of a long-term descending channel.

Summary Comparison

| Feature | Ripple ($XRP ) News | Zilliqa ($ZIL ) News |

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