According to CoinWorld news, payment solutions company Ripple has confirmed its intention to apply for a crypto asset market (MiCA) license to expand into the EU market. A Ripple spokesperson stated that the company intends to comply with MiCA regulatory requirements, as there are significant opportunities in the European market. Previously, it was reported that Ripple has applied for an electronic money institution license in Luxembourg, but the company declined to confirm or deny this news, only stating that the company "currently has no new updates to disclose".