Ripple confirms intention to pursue MiCA license for EU expansion
Ripple told Cointelegraph it will apply for a MiCA license to expand its crypto and stablecoin operations across the European Economic Area.
Payment solution company Ripple has confirmed its intention to pursue a Markets in Crypto Assets (MiCA) license to expand into the EU.
In messages sent to Cointelegraph, a Ripple spokesperson said the company intends “to become MiCA-compliant” as it recognizes “significant opportunity in the European market.”
The statement follows Ripple’s registration of Ripple Payments Europe S.A. in Luxembourg in late April.
