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International Business Times
International Business Times
Business
Isaiah McCall

Ripple Beat Europe's Crypto Deadline by 8 Days. Most Firms Won't Make It.

Ripple X Crypto Europe MiCA XRP Luxembourg
XRP [Source: X] (Credit: IBTimes US)

On June 23, Ripple, the parent company of XRP, announced a preliminary CASP "Green Light Letter" from Luxembourg's financial regulator, the CSSF, under MiCA.

It's not the final stamp, but it's the regulator signaling it's ready to authorize Ripple as a Crypto Asset Service Provider, a license that passports across all 30 countries of the European Economic Area once finalized.

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