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Ripple Payments Europe obtains full CASP license in the European Economic Area

2026-07-18 00:03:16
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Ripple Payments Europe obtains full CASP license in the European Economic Area

Ripple Payments Europe SA, the European branch of blockchain technology company Ripple, has obtained full authorization from the European Crypto Asset Service Provider (CASP). This new approval allows the company to operate legally in the 30 countries that make up the European Economic Area, significantly expanding its ability to provide crypto payment and asset services to businesses and institutions.

Ripple's European expansion

This authorization follows Ripple's recent license in Luxembourg and lays the foundation for Ripple Payments Europe to provide comprehensive services throughout the region. Currently, Ripple's European entity has been officially included under the European Cryptographic Asset Markets (MiCA) regulatory framework, along with 14 other newly registered crypto companies.

According to the latest data, the total number of crypto companies holding CASP licenses in Europe has reached 294. The regulatory initiative aims to strengthen oversight and establish unified standards for crypto companies to promote safer and more transparent digital asset operations within the European Economic Area.

Ripple is a global blockchain company known for developing payment solutions and supporting digital asset projects such as XRP and XRP ledgers (XRPL). Its latest stablecoin, RLUSD, and existing projects, are now ready for wider adoption in the European financial sector.

With its newly obtained CASP license, Ripple is able to expand cooperation with European financial institutions and provide compliant crypto payments and services. This move is expected to provide companies with more convenient blockchain remittance, settlement and asset tokenization services.

Micro Dictionary

CASP (Crypto Asset Service Providers): A regulatory classification under the EU MiCA framework that grants companies the right to legally provide crypto related services in participating countries, including custody, redemption and transfer of crypto assets.

Focus on Ripple and its Assets

Market observers point out that Ripple's expanded regulatory compliance may drive the further adoption of its digital assets in the institutional and commercial sectors. These include XRP tokens for real-time cross-border payments, the decentralized ledger network XRPL, and Ripple's upcoming stablecoin project RLUSD.

By meeting EU regulatory standards, Ripple and its related assets may be better integrated into the region's financial infrastructure. The expansion is seen as an important step for Ripple, as the company seeks to further expand its global reach based on what has been established in the United States and the Asia-Pacific region.

Ripple is now fully qualified to provide crypto payment services in Europe, which gives XRP, XRPL and RLUSD more advantages in real-world applications. This trend is becoming increasingly evident as European institutions increase their use of regulated blockchain payments.

The registration comes amid widespread efforts by European regulators to tighten regulation of digital asset companies in the region. Ripple Payments Europe was registered alongside other crypto companies, highlighting the growing regulatory acceptance of blockchain and crypto services in Europe.

Coverage: European Economic Area (30 countries)
CASP Approved Providers: Ripple Payments Europe SA (Yes), Other New Crypto Companies (14, Yes)
Total CASP Licensed Providers: Europe, 294

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