Ripple Beat Europe's Crypto Deadline by 8 Days. Most Firms Won't Make It.

Source: International Business Times

XRP [Source: X] IBTimes US On June 23, Ripple, the parent company of XRP, announced a preliminary CASP "Green Light Letter" from Luxembourg's financial regulator, the CSSF, under MiCA. It's not the final stamp, but it's the regulator signaling it's ready to authorize Ripple as a Crypto Asset Service Provider, a license that passports across all 30 countries of the European Economic Area once finalized. Luxembourg is "the natural regulatory home for Ripple's European operations.