Ripple Secures Preliminary CASP Approval in Luxembourg

Ripple has secured preliminary Crypto Asset Service Provider (CASP) approval in Luxembourg, giving it another regulatory foothold in Europe.

The development paves the way for Ripple to roll out its payments services across the EEA and meet compliance requirements under the EU's MiCA framework.

Luxembourg is a key location for crypto firms due to its EU base, which can support a wider European expansion strategy. Ripple has spent years building a regulatory footprint across payments, custody, and digital asset infrastructure.