POPA ReconRipple Wins Preliminary MiCA Approval in Luxembourg
Ripple Wins Preliminary MiCA Approval in Luxembourg Luxembourg's regulator, the CSSF, issued Ripple a Green Light Letter toward a MiCA crypto-asset service provider (CASP) license. Once finalized, a single CASP authorization passports across all 30 EEA countries, the largest expansion of Ripple's regulated reach in Europe to date. Paired with its existing Luxembourg electronic money institution (EMI) license, the approval clears a path for Ripple to issue and redeem its RLUSD stablecoin for European clients under MiCA. For now it is preliminary, still subject to final conditions. One licens…
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