Ripple has received full authorisation of its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSFF), completing its Markets in Crypto-Assets (MiCA) requirements and clearing the company to offer regulated crypto asset services across all 30 countries of the European Economic Area.
The authorisation, announced on 6 July 2026, follows the preliminary approval Ripple received in June and confirms the company as fully MiCA-compliant. Its end-to-end regulated crypto payments product now reaches financial institutions, corporates and businesses throughout the bloc.
Ripple Clears The Final MiCA Step
The CSSF moved the company from conditional clearance to a fully active CASP license, completing a licensing structure the company assembled in stages. Ripple secured preliminary EMI clearance from the regulator in January 2026 and full EMI authorisation that February, then obtained a preliminary CASP green-light letter in June before this week’s final sign-off. MiCA’s passporting mechanism lets the single Luxembourg approval cover the entire bloc, sparing Ripple separate applications in each of the 30 EEA member states.
Cassie Craddock, Managing Director, UK & Europe at Ripple, tied the milestone to the company’s readiness to expand across the region. “This CASP authorisation means Ripple enters the post-transitional MiCA era fully compliant and ready to scale,” she said.
“The institutions we work with across Europe are looking to build their digital assets services alongside regulated partners, and Ripple is licensed and ready to meet that demand.”
A Small Group Of Fully Licensed Firms
The CASP approval sits alongside Ripple’s EU Electronic Money Institution license, placing the company among a small number of digital asset firms holding full authorisation under MiCA. Its solutions span global payments, custody, liquidity and treasury management, with the RLUSD stablecoin and the XRP cryptocurrency underpinning those services. The European build has run alongside Ripple’s application for a US national banking license, a filing lodged with the Office of the Comptroller of the Currency that also seeks a Federal Reserve master account to hold RLUSD reserves directly with the central bank.
The company crosses the MiCA line as most of the field falls short, with roughly 210 of the more than 1,200 firms that held pre-MiCA national registrations converting to full CASP authorisation before the 1 July 2026 deadline, after which unlicensed crypto firms serving EU clients operate in breach of the regulation. Binance sits among those that missed the cut-off, restricting services in France, Italy, Poland and Spain from July 1 after withdrawing its CASP application in Greece, though user assets stay accessible during the wind-down.
