Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTLuis BlancoSat, July 18, 2026 at 12:34 PM GMT+2 3 min readripple xrp. Photo by BeInCryptoRipple Payments Europe joined 14 firms added to the European MiCA register, lifting the total of authorized crypto providers across the bloc to 294.The update confirms Ripple's regulated foothold in Europe, though licensing momentum is clearly cooling.Ripple Payments Secures Its Regulated Foothold in EuropeMiCA is the European Union framework that requires crypto companies to hold a Crypto Asset Service Provider license before offering regulated services. The European Securities and Markets Authority maintains the central register listing every approved firm.Ripple Payments Europe was added to the list after receiving full authorization from Luxembourg's financial regulator, the CSSF. The entity now operates as the company's regulated payments arm across the European Economic Area.Ripple Payments Joins 14 New Crypto Firms on the MiCA Register. Source: ESMAThe license unlocks passporting rights covering 30 countries. That mechanism allows a single national approval to cover the entire bloc, replacing the previous patchwork of separate national permissions.The CASP authorization pairs with Ripple's existing electronic money institution license in Luxembourg. Together, both permissions allow European banks, fintechs, and corporates to collect, exchange, and pay out through a single integration.The company holds more than 75 regulatory licenses worldwide, including approval from the UK Financial Conduct Authority secured in January.What Does the Latest MiCA Update RevealThe composition of the update tells its own story. The 14 new entries span 10 European countries and include banks, exchanges, payment providers, and Bitcoin-focused platforms.Portugal's Bison Bank, Croatia's state-owned Hrvatska poštanska banka, and Liechtenstein's Kaiser Partner Privatbank all appeared alongside two German cooperative banks. MiCA authorization clearly extends well beyond crypto-native firms.The register already includes heavyweight institutions such as BBVA, CaixaBank, Commerzbank, and Standard Chartered Luxembourg. Traditional finance is quietly building regulated crypto capacity across Europe.The overall pace, however, has slowed noticeably. ESMA added 37 providers on July 3, right after the transitional period closed, compared with just 14 this week.Markets stayed largely unmoved by the news. XRP trades near $1.07, with a market capitalization above $67 billion, down roughly 3.46% over the past 24 hours, according to BeInCrypto data.XRP Price Performance. Source: BeInCryptoThe token sits about 70% below its record high of $3.65. Regulatory progress, once again, has failed to translate into price momentum.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info