Ripple Secures Conditional Approval for European Crypto Service Expansion

Ripple has obtained preliminary approval under the EU's Markets in Crypto Assets (MiCA) framework for a Crypto Asset Service Provider license, positioning it to expand regulated services across all 30 countries in the European Economic Area.

The company disclosed the development on June 23, 2026. The authorization was issued as a 'Green Light Letter' and remains subject to final conditions before full approval is granted.

Ripple explained that this would enable it to scale regulated cryptoasset services to financial institutions and businesses across all 30 countries of the European Economic Area.