Ripple Secures Full MiCA License for Crypto Services in Europe
BITmarkets Team
Jul 07, 2026
The approval follows Ripple’s preliminary authorization in June and, together with its existing Electronic Money Institution (EMI) license, enables the company to provide regulated crypto-asset services across the European Economic Area (EEA).
Ripple said the authorization places it among a limited group of digital asset firms that have achieved full compliance under MiCA. The company now holds more than 75 regulatory licenses worldwide, including approval from the UK Financial Conduct Authority, which it received in January. “This CASP authorisation means Ripple enters the post-transitional MiCA era fully compliant and ready to scale,” said Cassie Craddock, Ripple’s managing director for the United Kingdom and Europe.
Europe enters the MiCA enforcement phase
Ripple’s approval comes shortly after the European Union completed MiCA’s transition period on July 1, when crypto companies were required to either obtain authorization or stop offering regulated services within the bloc. Under the new framework, licensed firms can generally passport regulated crypto services across the EEA using a single authorization.
On Friday, the European Securities and Markets Authority (ESMA) published an updated register showing 280 licensed crypto-asset service providers, up from 243 a week earlier. The latest additions include Standard Chartered, FalconX and Sygnum Europe.
Some crypto rirms still await approval
Not every crypto company secured authorization before the MiCA deadline. Binance, the world’s largest cryptocurrency exchange by trading volume, withdrew its MiCA application in Greece ahead of the July 1 transition. The company said it intends to seek approval in another EU member state while continuing to align its operations with the bloc’s regulatory requirements.
With MiCA now in its enforcement phase, crypto firms operating without authorization are expected to either wind down regulated activities or face potential penalties. Although ESMA oversees the overall framework and maintains the register of licensed companies, day-to-day enforcement remains the responsibility of national regulators, meaning implementation may differ across individual member states.
Belgium has already begun enforcing the new rules. On Monday, the country’s Financial Services and Markets Authority (FSMA) identified six crypto-asset service providers that it said were operating without authorization and added them to its public list of unauthorized firms.
Sources:
https://cointelegraph.com/news/ripple-secures-full-mica-license-for-crypto-services-across-europe
