Ripple's preliminary crypto asset provider license in Luxembourg upgraded to fully compliant
CoinDesk·
60-second summary
Ripple's preliminary crypto asset provider license in Luxembourg has been upgraded to fully compliant status, meeting the requirements of the Markets in Crypto Assets (MiCA) regulation. This approval grants Ripple full compliance for payments, financial institutions, corporates, and businesses across 30 European Economic Area countries, expanding its European presence and influence.
The approval means Ripple is now fully MiCA-compliant for payments, financial institutions, corporates and businesses across all 30 European Economic Area countries.