MiCA Milestone for Crypto: Luxembourg’s CSSF upgraded Ripple from a preliminary authorisation to a full MiCA license, letting it passport regulated crypto services across the EEA—while in the US the XRP “what is it?” fight still hinges on the stalled CLARITY Act. Markets & Money Flows: Foreign investors pulled nearly $12B from India-focused equity funds since the 2023-24 peak, with Luxembourg the biggest source of redemptions ($3.5B) as capital chases the global AI trade. Defence Materials in Luxembourg: Uplift360 won a multi-year framework deal with Luxembourg’s Directorate of Defence to scale advanced, Europe-sourced materials for defence and aerospace supply resilience. Space Tech, With Luxembourg Links: ElevationSpace is working with Luxembourg-based Space Cargo Unlimited on reentry payload return tech, using microgravity production for sensitive biotech/pharma samples. Health Procurement: The EU signed a joint contract for Moderna’s RSV vaccine mResvia, including Luxembourg among six countries seeking extra adult doses for the 2026-27 season. Telecom Modernisation: Post Luxembourg completed retirement of its legacy analog fixed-line network, moving fully to an All-IP fibre-based setup. Research Careers: Luxembourg’s parliament received a proposal to reduce postdoc job insecurity by limiting fixed-term contracts and creating an open-ended scientific mission contract option.