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.

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