Ripple secures MiCA crypto license in Luxembourg for 30 EEA markets

Ripple said Luxembourg’s Commission de Surveillance du Secteur Financier has granted it full authorization as a Crypto-Asset Service Provider under the EU’s Markets in Crypto-Assets regulation, allowing the company to offer regulated crypto-asset services across all 30 European Economic Area countries through MiCA passporting. The approval follows initial MiCA clearance in June and, together with Ripple’s existing e-money license, supports regulated crypto payment services across the region. Ripple said the framework will help expand its cross-border payments business for banks, financial institutions and enterprises, while also supporting adoption of XRP-based payment products and its RLUSD stablecoin in Europe. The regulatory update came as XRP spot exchange-traded funds extended their net inflow streak to eight consecutive weeks, with cumulative net inflows reaching $1.49 billion and assets under management at about $1.05 billion, according to SoSoValue. XRP traded around $1.13 on Tuesday, down 1.1% over 24 hours but nearly 9% higher on the week, with traders monitoring technical support around $1.12 and resistance near $1.15 to $1.18.