Ripple has successfully obtained its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) on July 6, 2026, just days after the MiCA transition period ended on July 1. This marks a significant step as it allows Ripple to offer its regulated crypto payments product across all 30 EEA countries, effectively reaching a market of approximately 450 million individuals.
The MiCA regulation enables licenses issued by any EU member state to operate across the entire European Economic Area. Thus, Ripple joins around 280 firms, such as Kraken and Coinbase, in holding full CASP licenses that demonstrate compliance with the EU’s Markets in Crypto-Assets Regulation.
With this authorization, Ripple has become part of a select group of digital asset firms fully authorized under MiCA, bolstering its global presence with over 75 regulatory licenses. According to Cassie Craddock, Ripple’s Managing Director for UK and Europe, this key moment positions the company to meet the increasing demand for crypto services in Europe.
The timing of this approval is crucial because it comes after the closure of the 18-month transitional period that allowed firms to operate under national laws without a full MiCA license. Following July 1, only companies with actual CASP authorization can legally offer their services in the EU.
This article provides information and is not a financial recommendation.
