Ripple has secured preliminary CASP approval under MiCA from Luxembourg’s regulator, enabling regulated crypto services across the EEA once finalized. The move comes days before the July 1 deadline as crypto firms race for compliance and Europe tests the new framework.
Once finalized, the license would let Ripple deliver regulated crypto services to banks, fintech firms and other institutional clients across the entire 30-country European Economic Area using one regulatory passport.
https://x.com/Ripple/status/2069315116093362182
The approval arrives while the bloc becomes a major test bed for crypto oversight as the MiCA regime takes hold.
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