XRP News Today: CoinShares Secures First EU MiCA License, Enabling Cross-Border Crypto Portfolio Management

CoinShares Asset Management has secured the first Markets in Crypto-Assets (MiCA) license in Europe, a regulatory milestone that positions the firm as a trailblazer in the continent’s evolving crypto asset management landscape. The license, granted by France’s Autorité des Marchés Financiers (AMF), enables CoinShares to offer cross-border crypto portfolio management services under a unified regulatory framework across the EU [1]. This achievement marks CoinShares as the first continental European regulated asset management company to gain MiCA authorization, a designation emphasized in the firm’s official announcement [2]. The license expands its ability to deliver institutional-grade crypto services, including the potential launch of a spot XRP ETF, as highlighted by industry observers [3].

The regulatory approval underscores a broader shift toward standardization in the EU’s crypto sector. By operating under MiCA, CoinShares aligns with the European Union’s stringent requirements for transparency, consumer protection, and market integrity, setting a benchmark for peers in the industry [4]. The firm’s status as the first European entity to secure such authorization reinforces its role in legitimizing digital assets within traditional finance, as noted by multiple industry reports [5]. Additionally, CoinShares has been recognized as the only “triple-licensed” crypto asset manager in Europe, holding licenses from the UK, Switzerland, and now the EU under MiCA [6]. This trifecta of regulatory approvals enhances its credibility and operational reach, particularly in markets where crypto adoption remains nascent.

The implications of this development extend beyond CoinShares. By demonstrating the feasibility of MiCA-compliant operations, the firm may encourage other crypto asset managers to pursue similar authorizations, accelerating the sector’s integration into mainstream finance. The EU’s MiCA framework, which entered into force in June 2024, aims to create a cohesive regulatory environment for crypto services, and CoinShares’ early compliance highlights the potential for harmonized cross-border activity [7]. For investors, the license could signal increased confidence in the security and governance of crypto products, potentially attracting institutional capital to the space.

While some analysts have speculated on the broader market impact, such as a potential price surge for XRP due to the possibility of a spot XRP ETF [3], these remain projections rather than confirmed outcomes. The immediate effect of the license is clear: CoinShares now holds a unique position to pioneer regulated crypto portfolio management across the EU, navigating a regulatory landscape that has long been fragmented. As the firm scales its operations, its experience under MiCA could serve as a reference point for both regulators and industry participants seeking to balance innovation with oversight.

Sources:

[1] [CoinDesk](https://www.coindesk.com/policy/2025/07/23/crypto-asset-manager-coinshares-secures-eu-wide-mica-license)

[2] [CoinShares](https://coinshares.com/uk/news/coinshares-asset-management-becomes-first-continental-european-regulated-asset-manager-to-receive-mica-authorisation/)

[3] [TheTradable](https://thetradable.com/crypto/xrp-etf-price-surge-expected-as-coinshares-secures-first-mica-license-in-the-eu-ig)

[4] [CoinCentral](https://coincentral.com/coinshares-becomes-first-eu-asset-manager-with-mica-license/)

[5] [Cointelegraph](https://cointelegraph.com/news/coinshares-secures-mica-license-eyes-european-expansion)

[6] [StockTitan](https://www.stocktitan.net/news/CNSRF/coin-shares-asset-management-becomes-first-continental-european-pks6njlkwo0v.html)

[7] [Phemex](https://phemex.com/news/article/coinshares-gains-mica-authorization-for-euwide-crypto-management_13507)