Original sourceThe Defiant
Summary
Ripple has obtained a full Crypto Asset Service Provider (CASP) license from Luxembourg’s financial regulator, fully complying with the EU’s MiCA framework. The license allows Ripple to offer regulated crypto payments, custody, and other services across the EU/EEA, moving beyond the interim approva…
Key points
- Tracking major crypto firms’ MiCA compliance progress and the market shifts driven by passporting rights after MiCA takes effect.
- Ripple is among the few to obtain a full MiCA license, showing that compliance capabilities will become a key competitive threshold in the EU market.
- Ripple users can legally access its payment and custody services across the EU; unlicensed rivals will be forced out, accelerating consolidation in the EU crypto market.
Editorial note
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