Ripple Secures Full EU Authorization for Crypto Payment Services

Ripple has secured full authorization as a Crypto-Asset Service Provider from Luxembourg's CSSF, marking its compliance under the EU's MiCA regulation. The upgrade replaces Ripple's preliminary approval and clears the company to offer regulated crypto payment services across all 30 EEA countries.

Cassie Craddock, Ripple's Managing Director for the UK and Europe, stated that the company now enters the post-transitional MiCA period ready to scale. The CSSF issued Ripple a preliminary Green Light Letter on June 23, 2026, which was converted into full CASP authorization two weeks later.

This authorization pairs with the Electronic Money Institution license Ripple secured in February 2026, giving the company a combined fiat and crypto-asset license stack under a single Luxembourg regulator. Of more than 3,000 companies that had operated under national crypto licensing regimes across the EU, only 280 held CASP authorization as of ESMA's July 3 register update.

Binance is among the firms that did not qualify in time for the CASP authorization. The combined CASP and EMI licenses add a MiCA-compliant issuance and redemption path on top of Ripple's existing NYDFS and Japan FSA stablecoin approvals for its dollar-backed stablecoin, RLUSD.