Ripple set to offer payments across 30 EEA countries

Ripple received preliminary authorisation under the EU’s Markets in Crypto Assets (MiCA) regulation for a Crypto Asset Service Provider (CASP) licence in a conditional ‘Green Light Letter’ dated June 23, 2026. The authorisation remains subject to additional conditions before full approval.

The provisional CASP licence would allow Ripple to offer regulated crypto and stablecoin payments across all 30 countries in the European Economic Area. Banks, fintech firms and corporate clients would be able to access Ripple’s payments infrastructure through a single integration covering collection, conversion and payout for institutional users.

In a statement, Ripple said: “It will enable Ripple to scale regulated cryptoasset services to financial institutions and businesses across all 30 countries of the European Economic Area.” The company added the CASP would complement its existing EU Electronic Money Institution (EMI) licence and that, once finalised, the two licences would make Ripple fully compliant with MiCA.

Cassie Craddock, managing director for the UK and Europe at Ripple, highlighted rising institutional demand for digital asset capabilities and cited cross-border payments, settlement infrastructure, collateral management and tokenised assets as areas moving onchain.

Matthew Osborne, head of policy for the UK and Europe at Ripple, thanked Luxembourg’s regulator for its role in the licensing process and described the jurisdiction as a central base for the company’s European operations because of regulatory clarity and financial oversight.

Ripple’s payments network has processed more than $100 billion in transaction volume and operates in over 60 markets. The company holds more than 75 regulatory licences globally and provides cross-border payments, digital asset custody, liquidity solutions, treasury services, RLUSD and infrastructure built around XRP. Ripple said the CASP approval opens a regulatory pathway to expand other crypto asset services across Europe.

The Green Light Letter does not equal a final licence. Ripple must meet additional conditions set by the regulator before the CASP authorisation becomes effective.