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Gate Square New & Returning Creator Rewards are ongoing!
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Ripple UK subsidiary approved by FCA registration, cryptocurrency business ushers in new compliance breakthrough
【Blockchain Rhythm】Just received news that Ripple’s subsidiary, Ripple Markets UK Ltd., has successfully obtained registration approval from the UK Financial Conduct Authority (FCA). Under the UK’s anti-money laundering regulatory framework, the company is now officially authorized to conduct certain cryptocurrency-related activities within the UK. This signifies a major step forward in Ripple’s compliant operations in the UK market and also reflects the adaptability of this established blockchain company in the global regulatory environment. For the entire industry, this is another sign of increasing recognition of crypto asset businesses by traditional financial regulators.