Crypto
Ripple Secures CASP License Under MiCA, Expanding EEA Access
Ripple has secured a CASP license under Luxembourg's MiCA framework, giving it access to 30 European Economic Area (EEA) markets. This approval is significant as it allows Ripple to provide regulated crypto-asset services across the EEA.
The company now holds both a crypto-asset service provider authorization and an electronic money institution license, which supports its wider payment and crypto services in Europe.
Ripple's CASP license is crucial for expanding its operations in Europe, as it provides a clear legal path to serve banks, corporations, and payment providers across the EEA.