Ripple has obtained full authorisation under the EU’s Markets in Crypto-Assets (MiCA) framework through a Crypto Asset Service Provider (CASP) licence issued by Luxembourg’s financial regulator. The approval upgrades Ripple’s Luxembourg licensing status to fully MiCA-compliant, enabling the company to provide regulated crypto-asset services across the European Economic Area (EEA) using passporting. Reporting from multiple outlets says the authorisation covers services for payments and for business users including financial institutions, corporates and other businesses, with the scope extending across all 30 EEA countries. The move completes Ripple’s MiCA licensing process for the region, according to the sources. The timing also aligns with the end of the MiCA transition period, which requires crypto firms operating in the EU and EEA to obtain relevant authorisation or otherwise stop providing services in the bloc. Overall, the Luxembourg approval allows Ripple to continue its regulated crypto services across Europe under MiCA rules.