Ripple gets preliminary Luxembourg CASP approval, positioning Ripple Payments to serve 30 EEA countries under MiCA
Ripple received preliminary approval for a Crypto Asset Service Provider license in Luxembourg after a CSSF green light letter, pending final conditions. If fully authorized, Ripple Payments could offer regulated cryptoasset and stablecoin payment services to banks and fintechs across 30 European Economic Area countries using its Luxembourg license alongside its existing EMI approval.