Ripple EU MiCA License

    by Kelsey7f: Ripple

    Ripple has obtained a preliminary MiCA license in Luxembourg, which grants the company regulated crypto payment capabilities across the entire European Union. This is a significant milestone because Europe is one of the largest regulatory blocs globally, and Ripple has now cleared that hurdle. For more details, check out M&M News at and see the original announcement at

    Transcript (en)

    Ripple gaining EU MICA approval. So Ripple secured their preliminary MICA license for regulated crypto payments in Europe. You know, Ripple has tons of global licenses for compliant cross-border transfers. This is a big one because Europe is a big block that you've now knocked off the list. You know, so they are a crypto asset service provider. They got their license in Luxembourg now. You know, just something to keep an eye on. They're continuing to get their licenses across all the different jurisdictions. It gets to the point to where you're kind of thinking, okay, which jurisdictions do they not have licenses in yet? Because it's most of them. But that's a really big block to definitely like take out of the journey. There's a lot of work being done in the Middle East, a lot of work being done in Japan. and so with the idea here being that they're trying to settle wholesale transactions across borders it's going to be really important for them to have all of these licenses in place to be able to create what they call the internet of value so just something to keep an eye on 100 if you enjoyed this be sure to hit that like button and follow to stay up to date with what's going on in the world and everything else memes and markets peace