Ripple wins preliminary MiCA approval from Luxembourg regulator to operate across EU

Ripple received preliminary approval for a Crypto Asset Service Provider license from Luxembourg's CSSF under MiCA rules. The license will let Ripple offer stablecoin payment systems and crypto services across all EU member states.

• Ripple received preliminary CASP license approval from Luxembourg's CSSF regulator
• MiCA allows companies approved in one EU state to offer services across the entire bloc
• The license enables Ripple to offer its stablecoin payment systems to European companies
• Ripple can also expand into broader crypto functions under the license
• EU's MiCA framework is being reviewed by the European Commission for potential updates

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Last updated 24 Jun 2026