Ripple gains preliminary MiCA license ahead of July 1 EU deadline
CoinTelegraph·
60-second summary
Ripple gains preliminary MiCA license ahead of July 1 EU deadline, securing CASP approval in Luxembourg. This move comes as companies scramble to meet the July 1 deadline. Ripple's preliminary approval is a significant step, but it's still subject to review and final approval. The EU's MiCA regulations will impact the global crypto market, increasing compliance and regulatory scrutiny.
Ripple secures preliminary CASP approval in Luxembourg ahead of July 1 MiCA deadline as companies race for EU crypto licensing.