【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.
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TideReceder
· 01-09 12:56
When the tide goes out, you know this wave of FCA approval is indeed interesting. Ripple has finally established a foothold in the UK.
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DoomCanister
· 01-09 12:53
Bro, this wave of FCA approval is great, Ripple has finally established a foothold in the UK.
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BTCRetirementFund
· 01-09 12:49
Compliance is finally showing some progress; Ripple's move was the right one.
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BearMarketBard
· 01-09 12:44
Has the FCA approved it? Oh, now Ripple has finally established a foothold in the UK. The compliance process has been really slow.
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.