Here’s a sharper, more concise rewrite with a strong news-style tone:
The approval brings Ripple into full compliance with the Markets in Crypto-Assets Regulation (MiCA), allowing it to deliver crypto services to financial institutions, corporates, and businesses across all 30 countries in the European Economic Area (EEA).
Ripple said Monday that Luxembourg has upgraded its preliminary Crypto-Asset Service Provider (CASP) authorization to a full license, clearing the firm to operate across the entire EEA.
“This authorization places Ripple firmly in the post-MiCA environment, fully compliant and positioned to scale,” said Cassie Craddock, managing director for Europe and the U.K.
The license makes Ripple one of a limited number of crypto firms to achieve full MiCA authorization. The regulation, adopted three years ago, came fully into effect on July 1, requiring firms without approval to halt operations in the region. Ripple had secured an initial authorization in June.
By contrast, major exchanges such as Binance are among thousands of firms that did not meet the deadline. Under MiCA rules, a license granted in one EU country allows firms to “passport” services across the bloc.
Earlier this year, Ripple also obtained full Electronic Money Institution (EMI) approval from Commission de Surveillance du Secteur Financier, enabling it to expand regulated payment services across the European Union.
