CoinDesk·3 min read·medium
Ripple's preliminary crypto asset provider license in Luxembourg upgraded to fully compliant
O
Olivier Acuna
✦AI Summary
Ripple has secured full compliance as a Crypto Asset Service Provider (CASP) in Luxembourg, positioning the company to operate across the European Union under the new MiCA regulatory framework. This milestone distinguishes Ripple from many other firms that failed to meet the July 1 deadline for full authorization.
“This CASP authorisation means Ripple enters the post-transitional MiCA era fully compliant and ready to scale,” said Cassie Craddock, the company's managing director for Europe and the U.K., in a statement.
businesscryptotechnology
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