EU begins drafting MiCA 2.0 seven days after MiCA takes effect on July 1, 2026, as Ripple holds Luxembourg CASP and a US trust bank charter
AI Market Summary
MiCA became fully effective on July 1, and the EU is reportedly already preparing MiCA 2.0, framed as a response to the more permissive US GENIUS Act and a competitive push to attract crypto firms. Ripple's Luxembourg CASP authorization across the EEA and US trust bank charter position XRP-related infrastructure for regulated market access. However, the narrative cites no disclosed client wins, flows, or adoption metrics yet.
Impact level
● Medium
Affected assets
XRP/USDT+1.09%
AI Insight · XRP/USDTAI Insight
● Neutral
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The EU’s Markets in Crypto-Assets (MiCA) framework took full effect on July 1, 2026, and the European Commission began work on a MiCA 2.0 revision just seven days later. The article frames the move as a response to the US “GENIUS Act,” which it says introduced a lighter regulatory framework and intensified competition to attract crypto businesses. It adds that Ripple holds Luxembourg CASP authorization covering all 30 EEA countries and a US trust bank charter, while providing no specific details on business progress, client signings, or inflow data.
