Ramp Network granted EU-wide CASP licence, now live across all 27 member states
Ramp Network (Ramp Swaps (Ireland) Limited) has gone live as a licensed Crypto Asset Service Provider (CASP) under the EU’s Markets in Crypto-Assets regulation (MiCAR). The Central Bank of Ireland granted the MiCAR authorisation, which acts as a passport to operate across all 27 EU member states. The licence allows Ramp to offer fiat on‑ramps and off‑ramps (card payments, bank transfers, Apple Pay, Google Pay) under a single harmonised regulatory framework. Ramp says the approval confirms its systems meet MiCAR standards for governance, operational resilience, transparency and consumer protection and signals a strategic, long‑term commitment to serving EU customers under consistent cross‑border rules rather than fragmented national regimes. For traders, the immediate implications are clearer regulatory certainty around fiat-crypto flows and potentially smoother cross-border liquidity and access to fiat on/off ramps across Europe as MiCAR is implemented.
Neutral
The EU-wide CASP licence for Ramp primarily affects fiat-crypto infrastructure and regulatory certainty rather than any single crypto token’s protocol or tokenomics. Improved regulatory clarity and a unified passport for on/off ramps can ease fiat access, reduce friction for EUR flows, and over time may support higher trading volumes and liquidity across exchanges that integrate Ramp. However, this change does not directly alter fundamentals or supply/demand for a specific cryptocurrency token, so immediate price impact on individual coins is likely limited. Short-term effects could include localised increases in EUR-denominated flows and volume around exchanges using Ramp; long-term effects may be modestly positive for liquidity and accessibility in EU markets as MiCAR implementation reduces fragmentation. Overall, the development is structurally supportive for fiat-crypto rails but not an outright price catalyst for a particular cryptocurrency.