Ripple has received preliminary approval for a Crypto Asset Service Provider (CASP) licence in Luxembourg, bringing the company closer to offering regulated crypto services across the European Economic Area under the European Union’s Markets in Crypto-Assets (MiCA) framework.
The approval was granted by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) through a “Green Light Letter” and remains subject to final conditions before a full licence is issued.
Once finalized, the licence will allow Ripple to provide regulated cryptoasset services across all 30 countries of the European Economic Area. Combined with Ripple’s existing Electronic Money Institution (EMI) licence in Europe, the company will be able to offer payments, stablecoin infrastructure, cryptoasset exchange services, and settlement tools through a single regulated framework. Ripple said the approval will help banks, fintech firms, and corporate clients access its digital asset infrastructure more easily as demand for blockchain-based financial services continues to grow.
More licensing momentum!
Ripple has secured its preliminary Crypto Asset Service Provider (CASP) license in Luxembourg, paving the way for the full rollout of Ripple Payments across the EEA and full MiCA compliance: https://t.co/APQcYnCy9c
The next wave of regulated digital…
— Ripple (@Ripple) June 23, 2026
Ripple builds European position with combined licensing structure
The company already maintains its presence in Europe and views the region as one of its most important markets.
According to Ripple, the combination of CASP and EMI permissions will allow financial institutions to access a bigger range of regulated services without relying on multiple providers. The company has increasingly focused on payment infrastructure, stablecoin settlement, and tokenized asset services as part of its European expansion plans.
Ripple noted that its payments network has processed more than $100 billion in transaction volume and currently operates across more than 60 markets globally.
The approval also adds to Ripple’s wider regulatory portfolio, which now includes more than 75 licences and registrations worldwide.
MiCA approvals are becoming an advantage in Europe’s crypto market
Ripple is not the only company seeking MiCA authorization as Europe’s new crypto framework take effect.
Several major crypto firms, including Coinbase, Bitstamp, OKX, BitGo and Crypto.com, have also pursued licences or regulatory approvals within Europe to secure access under the new rules.
For these firms, regulatory approval has provided legal certainty, easier access to institutional clients, and the ability to grow services across multiple EU markets without seeking separate licences in every country.
For Ripple, the Luxembourg approval serves a similar purpose. It strengthens the company’s ability to compete for banks, payment providers, and corporate clients that increasingly require regulated digital asset infrastructure before adopting crypto-based financial services.
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