Ripple Joins 210 MiCA-Compliant Firms Days Before EU Hard Deadline
Key takeaways
- This positive news for Ripple dropped as XRP fell -2.9% overnight, and is sitting right on support at $1.10 with a daily trading volume of $1.56Bn as the broader market continues to bleed.
- That combination matters for RLUSD, Ripple s stablecoin, which had grown past $300M in circulation as of Q1 2026, according to DeFiLlama.
- Ripple Payments, the cross-border crypto payments platform underpinning these services, has processed more than $100Bn in volume to date and operates across 60-plus markets globally, according to Ripple.
Ripple Joins 210 Mi CA-Compliant Firms Days Before EU Hard Deadline Alex Ioannou Tue, June 23, 2026 at 7:02 PM GMT+7 3 min read XRP-USD In XRP news today, Ripple has received a preliminary Green Light Letter for its Crypto Asset Service Provider (CASP) license from Luxembourg s Commission de Surveillance du Secteur Financier (CSSF), the country s financial regulator, under the EU s Markets in Crypto Assets (Mi CA) regulation, announced June 23, 2026.
The approval, still subject to final conditions, covers all 30 countries of the European Economic Area and arrives just eight days before the July 1, 2026, hard deadline, after which unlicensed crypto firms operating in the EU are in breach of MiCA rules.
This positive news for Ripple dropped as XRP fell -2.9% overnight, and is sitting right on support at $1.10 with a daily trading volume of $1.56Bn as the broader market continues to bleed.