Ripple wins MiCA CASP license for 30 EEA countries

San Francisco-based Ripple has received Crypto Asset Service Provider (CASP) authorization from Luxembourg’s Commission de Surveillance du Secteur Financier, completing its approval under the EU Markets in Crypto-Assets framework and enabling regulated crypto services across 30 European Economic Area countries.

The CSSF granted full authorization after a preliminary approval in June. Ripple confirmed the CASP license makes its end-to-end regulated crypto payments product available to financial institutions, corporates and businesses throughout the EEA. The company also holds an EU Electronic Money Institution license and said the CASP adds to a global portfolio of more than 75 regulatory licenses.

Ripple registered as a cryptoasset firm with the UK’s Financial Conduct Authority in January 2026, extending its compliance credentials in the UK alongside the EEA authorization.

The CSSF decision arrived days after MiCA’s final transition period ended on July 1. The MiCA regime replaced national crypto licensing systems with a single EU-wide framework and allows authorized exchanges, custodians and other cryptoasset service providers to passport services across EEA member states once they hold CASP approval.

European Securities and Markets Authority data published on July 3 shows 280 firms have secured CASP authorization under MiCA. That figure is a fraction of the more than 3,000 companies that operated under national regimes prior to the EU framework.

Several major crypto firms have also obtained MiCA authorization, including Kraken, Coinbase, OKX and Crypto.com. Binance did not enter the post-transition period with MiCA approval after withdrawing a Greek license application ahead of the July 1 deadline.

Cassie Craddock, managing director for the UK and Europe at Ripple, characterized the CASP authorization as enabling the company to enter the post‑transitional MiCA era “fully compliant and ready to scale,” and said institutions in Europe are seeking regulated partners to build digital asset services.