Ripple has received full Crypto Asset Service Provider (CASP) authorization from Luxembourg’s Commission de Surveillance du Secteur Financier, the company said in a press release Monday. The license completes Ripple’s Markets in Crypto-Assets Regulation (MiCA) requirements, letting it offer…
Ripple has received full Crypto Asset Service Provider (CASP) authorization from Luxembourg’s Commission de Surveillance du Secteur Financier, the company said in a press release Monday. The license completes Ripple’s Markets in Crypto-Assets Regulation (MiCA) requirements, letting it offer regulated crypto payments, custody and related services across all 30 countries of the European Economic Area.
Ripple’s official X account confirmed the news the same day, posting “It’s official: Ripple has received its EU CASP license. We are now fully MiCA-compliant and ready to meet growing European crypto demand.”
Building On Preliminary Approval
The full authorization follows preliminary CASP approval Ripple secured in Luxembourg in June, which The Defiant covered at the time. That earlier approval unlocked EEA passporting on a provisional basis; Monday’s authorization removes the conditional status and confirms full compliance under the bloc’s post-transition MiCA regime.
Cassie Craddock, Ripple’s managing director for the UK and Europe, said in the release that “this CASP authorisation means Ripple enters the post-transitional MiCA era fully compliant and ready to scale.” She added that institutions across Europe “are looking to build their digital asset services alongside regulated partners.”
Adding To Global License Count
Combined with its existing EU e-money institution license, Ripple’s CASP approval puts it among a small group of digital-asset firms with full MiCA authorization, according to the company, which said it now holds more than 75 regulatory licenses globally. Ripple did not disclose which other products or jurisdictions the license immediately unlocks beyond the EEA-wide passporting already described.
The approval lands after MiCA’s transitional grandfathering period ended July 1, 2026, a deadline that forced crypto firms operating in the EU to either secure authorization or wind down services to EU clients.
