Eight days. That is all that stood between Ripple and a regulatory wall most of its competitors are about to slam into.
The payments company announced Tuesday that Luxembourg's financial regulator, the Commission de Surveillance du Secteur Financier, has issued it a preliminary "Green Light Letter" for a Crypto Asset Service Provider license under the EU's Markets in Crypto Assets framework. The timing is no accident. On July 1, MiCA's hard deadline kicks in, and any crypto firm still operating in Europe without authorization is suddenly, technically, in breach of the law. Ripple cleared the bar with a week to spar...
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