Ripple Wins Full EU CASP License in Luxembourg, Finalizing MiCA Compliance

Ripple has obtained full Crypto Asset Service Provider (CASP) authorization from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF), the company said Monday. The approval completes Ripple's compliance requirements under the EU's Markets in Crypto-Assets Regulation (MiCA), allowing it to provide regulated crypto payments, custody and related services across all 30 European Economic Area (EEA) countries. Ripple also confirmed the development on its official X account, stating: "It's official: Ripple has received its EU CASP license. We are now fully MiCAcompliant and ready to meet growing European crypto demand." The full authorization follows preliminary CASP approval granted in Luxembourg in June. That earlier decision enabled provisional EEA passporting; Monday's authorization removes the conditional status and confirms Ripple's standing under the bloc's post-transition MiCA framework. Cassie Craddock, Ripple's managing director for the UK and Europe, said the authorization positions the company "fully compliant and ready to scale" in the post-transition MiCA environment, adding that institutions across Europe are seeking to develop digital-asset services alongside regulated partners. Ripple said the CASP license, together with its existing EU e-money institution license, places it among a limited group of digital-asset firms holding full MiCA authorization. The company added that it now holds more than 75 regulatory licenses globally. Ripple did not specify whether the authorization immediately opens additional products or jurisdictions beyond EEA-wide passporting. The decision comes after MiCA's transitional grandfathering period ended on July 1, 2026, a deadline that required crypto firms serving EU clients to obtain authorization or wind down operations in the region.