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Ripple Plans to Apply for MiCA License to Expand into EU Market

Summary: Ripple, a payment solutions company, has confirmed plans to apply for a Markets in Crypto-Assets (MiCA) license to expand into the EU market. A Ripple spokesperson stated that the company intends to comply with MiCA regulations as there are significant opportunities in the European market. Earlier reports indicated that Ripple had applied for an electronic ...

Ripple, a payment solutions company, has confirmed plans to apply for a Markets in Crypto-Assets (MiCA) license to expand into the EU market. A Ripple spokesperson stated that the company intends to comply with MiCA regulations as there are significant opportunities in the European market. Earlier reports indicated that Ripple had applied for an electronic money institution license in Luxembourg, but the company neither confirmed nor denied the news, only stating that there is no new information to disclose at the moment.

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