Ripple secures full MiCA CASP authorization for crypto services across 30 EEA countries

San Francisco-based digital asset infrastructure firm Ripple has received Crypto Asset Service Provider (CASP) authorization from Luxembourg's financial regulator, completing its approval under the European Union's Markets in Crypto-Assets framework.

The authorization from Luxembourg's Commission de Surveillance du Secteur Financier follows Ripple's preliminary approval in June and confirms the company is fully MiCA-compliant, with its end-to-end regulated crypto payments product now available to financial institutions, corporates, and businesses throughout the EEA, the company said in a statement. 

“This CASP authorisation means Ripple enters the post-transitional MiCA era fully compliant and ready to scale,” Cassie Craddock, Managing Director, UK & Europe at Ripple, said. “The institutions we work with across Europe are looking to build their digital assets services alongside regulated partners, and Ripple is licensed and ready to meet that demand.”

The CASP authorization adds to Ripple's existing EU Electronic Money Institution license, bringing its global portfolio to more than 75 regulatory licenses. Ripple also secured cryptoasset registration with the UK's Financial Conduct Authority in January 2026.

The authorization comes days after the MiCA framework completed its final transition period on July 1. The regime replaces national crypto licensing systems with a single framework that allows authorized exchanges, custodians, and other cryptoasset service providers to passport services across the European Economic Area.

According to the European Securities and Markets Authority's latest MiCA register update on July 3, 280 firms have secured CASP authorization. This number represents a fraction of the more than 3,000 companies that previously operated under national regimes, Trezor Chief Commercial Officer Danny Sanders told The Block last week.

Ripple joins a growing group of major crypto firms authorized under MiCA, including Kraken, Coinbase, OKX, and Crypto.com. 

Binance, the world's largest crypto exchange by trading volume, entered the post-transition period without MiCA authorization after withdrawing its Greek license application ahead of the July 1 deadline.