Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Ramp Network becomes fully operational across the EU as a licensed Crypto Asset Service Provider.
Ramp Swaps (Ireland) Limited, trading as Ramp Network, a financial technology, today announced that it is live as a Crypto Asset Service Provider (CASP) in the European Union, with EU customers now serviced under its approved CASP license. All EU customer activity is conducted under its CASP authorization, which includes regulatory requirements set out in the Marketing in Crypto Assets Regulation (MiCAR) and by the Central Bank of Ireland.
Ramp Networks MiCAR authorization functions as a regulatory passport for all 27 EU member states. With this approval, Ramp Network can now provide its on- and off-ramp services across the entire European Union under a single harmonized license. The authorization covers the core activities that enable Ramp Network to facilitate conversion between fiat currencies and digital assets under EU regulatory supervision.
Ramp Network said the move reflects its long-term commitment to the EU market and to operating under European regulatory standards. MiCAR is the world’s first fully harmonized regulatory framework for crypto services. It sets standards for governance, operational resilience, transparency, and consumer protection. For EU customers, Ramp Network’s approval confirms that its systems and processes align with these standards and support compliant growth across Europe.
From a strategic perspective, operating as a CASP positions Ramp Network to serve EU customers within a single regulatory structure rather than through fragmented national regimes. This alignment is intended to support regulatory clarity, cross-border consistency, and sustainable growth within the European digital asset market as MiCAR is implemented across member states.
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.
Source: https://crypto.news/ramp-network-live-as-eu-licensed-crypto-asset-service-provider/
