Ripple announced that it has received full Crypto Asset Service Provider (CASP) authorization under the EU’s Markets in Crypto‑Assets (MiCA) regulation from Luxembourg’s financial authority. This approval allows Ripple to offer regulated crypto services throughout the European Economic Area. The company also shared that it now holds more than 75 regulatory licenses worldwide, making it one of the most widely regulated companies in the crypto industry.
Ripple Secures Full MiCA License Through Luxembourg Regulator
On June 23, Ripple announced preliminary CASP approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) in the form of a “Green Light Letter.” The letter indicated that the agency had finished its substantive review and would grant a full license once it completed outstanding technical checks.
As of July 1, the MiCA transition period expired, so companies without approval can no longer lawfully offer most regulated crypto services in the EU.
Now with full CASP status, Ripple can passport its services from Luxembourg into all 30 countries in the European Economic Area, which includes the 27 EU member states plus Iceland, Norway and Liechtenstein.
“By holding both the MiCA license and its existing EU Electronic Money Institution license, European banks, fintechs and corporates can access Ripple’s full cryptoasset and stablecoins payments infrastructure … through a single integration for the first time,” Ripple said.
The firm says this framework enables a single platform for traditional money, e-money, crypto assets, and stablecoins, all under one regulated umbrella.
What Ripple’s MiCA License Means for European Crypto Services
Under MiCA, a CASP license can cover services including custody, transfer, exchange and placement of crypto assets, so Ripple can now run these activities for European clients on a fully supervised basis.
After the CSSF finished its final checks, the MiCA license allows Ripple to operate in all 30 EEA countries without needing approval from each national regulator. This makes it possible to expand Ripple Payments and crypto settlement tools across key markets such as Germany, France, and the Nordics.
Ripple’s press statement highlights that the firm holds “more than 75 regulatory licenses globally,” including an Electronic Money Institution license and crypto-asset registration from the UK’s Financial Conduct Authority obtained earlier in 2026.
As unlicensed exchanges lose access to Europe under MiCA, a fully authorized Ripple can pitch itself as a compliant infrastructure provider for both stablecoins like RLUSD and tokens such as XRP in cross‑border payment flows.
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