Ripple has received preliminary approval of its CASP license. Cassie Craddock, UK CEO and Managing Director, UK and Europe, reacts to this big regulatory milestone.
In an announcement today, Ripple disclosed that it has received preliminary approval for its Crypto Asset Service Provider (CASP) license from Luxembourg's Commission de Surveillance du Secteur Financier (CSSF) under the EU's Markets in Crypto Assets (MiCA) regulation. This follows Ripple's receipt of its EMI license and Cryptoasset Registration from the UK's Financial Conduct Authority in January 2026.
We have preliminary approval of our CASP license 🎉 Once fully approved, European banks, FIs and fintechs will be able to access our end-to-end cryptoasset and stablecoin payments infrastructure through a single regulated integration. The next wave of institutional digital asset…
HOT Stories Ripple Scores Massive MiCA License Win in Europe XRP Tests Recovery Ground, Dogecoin (DOGE) Zero Removal Rally, Shiba Inu (SHIB) Risks Are Up: Crypto Market Review— Cassie Craddock (@CraddockCJ) June 23, 2026The CASP preliminary approval, in the form of a 'Green Light Letter,' will enable Ripple to scale regulated cryptoasset services for financial institutions and businesses across all 30 countries of the European Economic Area. This will enable the full rollout of Ripple Payments across the European Economic Area and position the company for broader cryptoasset activity in the region.
You Might Also Like
Tue, 06/23/2026 - 07:50 Ripple Scores Massive MiCA License Win in EuropeByAlex Dovbnya
Upon full approval, the combination of CASP and EMI licenses will make Ripple fully MiCA-compliant, with the company now holding more than 75 regulatory licences globally.
Next wave of institutional digital asset adoption in Europe arrives
In a post celebrating the milestone, Craddock revealed the news of the preliminary approval, noting that once fully approved, European banks and fintechs will be able to access Ripple's end-to-end cryptoasset and stablecoin payments infrastructure through a single regulated integration.
You Might Also Like
Thu, 05/14/2026 - 11:30 'As Close as Ever': Ripple CEO Points to Imminent Progress in Crypto RegulationByTomiwabold Olajide
The CASP license, combined with Ripple's existing EU Electronic Money Institution (EMI) licence, means that European banks, fintechs and corporates can access Ripple's full crypto-asset and stablecoin payments infrastructure. They can collect, exchange and pay out through a single integration for the first time.
The licence also positions Ripple to expand into broader crypto-asset activities in the region as it continues to meet increasing European demand for digital asset services and infrastructure. Europe is already a leading region for Ripple's products, with a client base that spans some of the largest financial institutions.
This will usher in the next phase of crypto adoption in the region: "the next wave of institutional digital asset adoption in Europe is here," Craddock added.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
