The blockchain company Ripple has obtained a Crypto Asset Service Provider (CASP) license from Luxembourg's CSSF regulator. The firm is now fully compliant with European MiCA requirements.
It’s official: Ripple has received its EU CASP license. We are now fully MiCA-compliant and ready to meet growing European crypto demand https://t.co/I9GRgvfGzH
— Ripple (@Ripple) July 6, 2026
This development paves the way for launching regulated crypto payment products across all 30 countries in the European Economic Area.
Obtaining the CASP license marks the final step in a process Ripple initiated earlier in Luxembourg. On June 23, the company announced it had received preliminary approval for the license in the form of a Green Light Letter. The regulator has now granted full authorization.
Ripple's Managing Director for the UK and Europe, Cassie Craddock, stated that the company is entering a "post-transition era of MiCA" as a fully compliant market participant. She noted that European institutional clients are eager to develop digital asset services alongside regulated partners, one of which is now Ripple.
The new CASP authorization complements Ripple's existing European EMI license for issuing electronic money and payment services. Together, these permits make Ripple one of the few crypto firms with full authorization under MiCA.
Ripple also mentioned that its global portfolio includes over 75 regulatory licenses. The services offered to the European market include payments, custodial services, liquidity, and treasury solutions, with the RLUSD stablecoin and XRP cryptocurrency serving as the infrastructure base.
The timing of the announcement is directly linked to the end of the MiCA transition period. As of July 1, companies that failed to obtain a license must cease servicing European clients, warned the European Securities and Markets Authority.
Currently, there are just under 40 crypto providers registered with the regulator, including Standard Chartered, FalconX, and Sygnum Europe.
Among major crypto platforms, CASP authorization is also held by OKX, Gemini, BitGo, Bitstamp, and Coinbase.
It’s worth noting that on June 29, the cryptocurrency exchange Bybit warned of a phased limitation of certain services on its global platform for residents of the European Economic Area. The local Bybit EU platform continues to operate.