Blockchain company Ripple has obtained a crypto asset service provider (CASP) license from the Luxembourg regulator CSSF. The firm is now fully compliant with European MiCA regulations.
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
According to the statement, this move paves the way for launching regulated crypto payment products across all 30 countries in the European Economic Area.
Obtaining the CASP license was the final step in a process Ripple began earlier in Luxembourg. On June 23, the company disclosed preliminary approval of the license in the form of a Green Light Letter. Now, the regulator has granted full authorization.
Ripple’s Managing Director for the UK and Europe, Cassie Craddock, stated that the company enters the “post-transition MiCA era” as a fully compliant market participant. She noted that European institutional clients are eager to develop digital asset services with 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 permissions, according to the company, make it one of the few crypto firms with full MiCA authorization.
Ripple also noted that its global portfolio includes over 75 regulatory licenses. For the European market, the company offers services such as 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 have not obtained a license must cease serving European clients, warned the European Securities and Markets Authority.
The regulator’s register currently lists just under 40 crypto providers, including Standard Chartered, FalconX, and Sygnum Europe.
Among major crypto platforms, OKX, Gemini, BitGo, Bitstamp, and Coinbase also hold CASP authorization.
Earlier, on June 29, cryptocurrency exchange Bybit warned of a phased restriction of some services on its global platform for residents of the European Economic Area. The local platform Bybit EU continued to operate.
