Ripple secured preliminary approval for its Crypto Asset Service Provider (CASP) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) under the EU MiCA framework, marking a key regulatory milestone for the blockchain payments firm. The approval paves the way for the company to offer regulated crypto services across the European Economic Area.
Regulatory Progress and Licensing Landscape
Earlier this year, Ripple obtained an Electronic Money Institution (EMI