The license enables the firm to deliver compliant crypto payment services to financial institutions, corporates and businesses throughout the European Economic Area (EEA).
San Francisco-based Ripple Labs (Ripple) has received full crypto asset service provider (CASP) authorisation under the Markets in Crypto-Assets (Mica) framework, completing its regulatory requirements for operating cryptoasset services across the EEA. The license adds to its global portfolio of more than 75 regulatory approvals The authorisation was granted by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) and follows preliminary approval issued in June. The lice