In a fresh update, Ripple has reached another major milestone in Europe. The fintech company has officially secured its full EU Crypto-Asset Service Provider (CASP) license, less than two weeks after its stablecoin RLUSD launched in Japan.
Ripple Receives Full EU CASP License
Ripple announced in a recent X post that it has officially received its full EU Crypto-Asset Service Provider (CASP) license from Luxembourg’s financial regulators. The approval makes the company fully compliant with the Markets in Crypto-Assets (MiCA) framework and comes just days after the July 1, 2026, MiCA licensing deadline for all crypto firms operating in Europe.
The full authorization also follows Ripple’s preliminary CASP license approval from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) in June 2026. However, with full approval, Ripple can offer its regulated financial services to businesses and institutions across all 30 countries in the European Economic Area (EEA).
Further commenting on the milestone, Ripple’s UK and Europe managing director, Cassie Craddock, said the company has entered its “MiCA-compliant era” and is fully ready to scale its services across the region. The latest approval also places Ripple among a small group of digital asset firms that have secured full MiCA authorization.
RLUSD Expands Into Japan as Ripple Broadens Global Strategy
The development comes less than two weeks after Ripple announced the launch of its RLUSD stablecoin in Japan, following regulatory approval from the Japan Financial Services Agency (JFSA). Interestingly, under Japan’s Payment Services Act, RLUSD is now classified as a new type of electronic payment instrument for foreign-issued stablecoins that meet the country’s strict safety and regulatory standards.
The launch also aligns with the memorandum of understanding that Ripple and SBI Holdings signed in August 2025. It also marks RLUSD’s official entry into one of the world’s most sophisticated and forward-looking digital asset markets.
Interestingly, through its partnership with the SBI Group, Ripple will make RLUSD available to both institutional and retail users through the VC Trade platform. Ripple expects the rollout to expand access to the stablecoin across Japan’s regulated digital asset market. Further, businesses will also be able to use RLUSD for several financial applications, including payments, tokenization, and collateral management.
Meanwhile, Ripple also joined the OUSD Consortium as a day-one integration partner, reinforcing its commitment to open, multichain infrastructure that supports institutional adoption across the digital asset ecosystem. Together with its recent regulatory wins in Japan and Europe, the partnership highlights Ripple’s strategy of expanding regulated digital asset infrastructure.
The CoinRemark Team
