INSUBCONTINENT EXCLUSIVE:
Payment solution company Ripple has confirmed its intention to pursue a Markets in Crypto Assets (MiCA) license to expand into the EU.In
in Luxembourg in late April.On Tuesday, industry media outlet Ledger Insights reported that the company had applied for an electronic money
institution license in Luxembourg
Luxembourg-based company data
In late June, major US-based publicly traded crypto exchange Coinbase secured its MiCA license from the Luxembourg Commission de
Surveillance du Secteur Financier and named the region as its EU headquarters.In mid-May, crypto exchange Bitstamp also announced that it
obtained a crypto asset service provider license under MiCA from Luxembourg regulators
which launched its cryptocurrency services in Europe after obtaining a digital asset license in Luxembourg in early January
Still, Luxembourg authorities do not appear to view the crypto sector in a particularly lenient way
In late May, Luxembourg classified virtual asset service providers as high-risk entities for money laundering in a national review,
