Ripple Wins Preliminary MiCA CASP License in Luxembourg
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Ripple received preliminary MiCA CASP approval (a Green Light Letter) from Luxembourg’s regulator CSSF, which paves the way for regulated operations across all 30 EEA countries once conditions are met. Combined with its existing Luxembourg EMI license, the CASP authorization enables European banks, fintechs and corporates to access Ripple’s full payments stack and supports adoption after the platform processed over $100 billion in volume across 60 markets.
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See what traders are focused on
- Ripple has received preliminary MiCA CASP approval from Luxembourg’s CSSF.
- CASP and EMI licenses together let European firms access Ripple’s full stack.
- Ripple platform has processed over $100 billion in volume across 60 markets.
Ripple has received preliminary approval for a Crypto Asset Service Provider (CASP) license from Luxembourg’s financial regulator, the CSSF, under the EU’s MiCA framework. The approval, issued as a Green Light Letter, is subject to final conditions but effectively clears the path for Ripple to operate regulated crypto services across all 30 countries in the European Economic Area.
What the License Unlocks
The CASP approval, combined with an EU Electronic Money Institution (EMI) license Ripple already holds in Luxembourg, means European banks, fintechs, and corporates can now access Ripple’s full payments stack through a single integrati…
Read The Full Article Ripple Wins Preliminary MiCA CASP License in Luxembourg On Coin Edition.
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