Ripple has been formally added to the Markets in Crypto-Assets (MiCA) register maintained by the European Securities and Markets Authority, according to Techub News, which cited U.Today. The listing follows full authorization for Ripple Payments Europe SA, the company’s European payments subsidiary, allowing it to operate across 30 countries in the European Economic Area. The update marks a regulatory milestone for Ripple’s expansion in the region under the EU’s MiCA framework. Techub said 14 crypto firms received new authorization in this round, bringing the total number of licensed crypto-asset service providers in Europe to 294. The report added that the compliance step provides a regulatory foundation for broader adoption of XRP, the XRP Ledger (XRPL), and RLUSD in the European market.
Ripple has been formally added to the Markets in Crypto-Assets (MiCA) register of the European Securities and Markets Authority (ESMA), according to Techub News, citing U.Today.
Its European payments subsidiary, Ripple Payments Europe SA, has received full authorization, allowing it to conduct business across 30 countries in the European Economic Area.
In the same round, 14 crypto companies received new authorization, bringing the total number of licensed crypto-asset service providers in Europe to 294.
Techub said the compliance progress provides a regulatory foundation for the adoption of XRP, the XRP Ledger (XRPL), and RLUSD in Europe.
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