Ripple secures EU MiCA license as XRP slides to 52‑week low

Ripple obtained a provisional MiCA licence from Luxembourg's financial regulator (CSSF) on 23 June, allowing the company to provide regulated crypto‑payment services across the 30‑country European Economic Area. The approval, granted just before the 1 July EU deadline, makes Ripple one of the few crypto firms holding a full suite of licences worldwide, joining a group that operates under more than 75 regulatory authorisations.

Despite the regulatory win, the price of XRP continued to fall, trading around $1.04‑$1.08, near its 52‑week trough and down more than 44 % since the start of the year and roughly 10 % in the past week. Institutional demand, however, remains evident: spot‑ETF inflows have persisted for a seventh week in a row, with $46.5 million added in June and total net inflows since November 2025 exceeding $1.43 billion.

Ripple is also preparing a major DeFi update for the XRP Ledger, including protocols for direct credit lending and the launch of a stablecoin (RLUSD). In the United States, the Senate is expected to vote on the CLARITY Act between mid‑July and early August, which would classify digital assets such as XRP as commodities and could further affect market dynamics.