Ripple Receives FCA Permissions to Expand Payments in the UK
The post Ripple Receives FCA Permissions to Expand Payments in the UK appeared on BitcoinEthereumNews.com.
TLDR Ripple received FCA approval for its Electronic Money Institution (EMI) license and Cryptoasset Registration in the UK. The approval enables Ripple to expand its cross-border payments platform for UK institutions using digital assets. Ripple’s platform simplifies blockchain infrastructure for businesses, offering fast and compliant cross-border payments. Ripple’s presence in the UK continues to grow, with a significant office in London and support for local blockchain startups. Ripple has invested over £5 million in UK universities through its University Blockchain Research Initiative (UBRI). Ripple has received approval for its Electronic Money Institution (EMI) license and Cryptoasset Registration from the UK’s Financial Conduct Authority (FCA). These approvals allow Ripple to expand its payments platform in the UK, enabling local institutions to send cross-border payments using digital assets. This move further solidifies Ripple’s position within the UK’s financial ecosystem. Ripple’s Licensed Payments Platform for Cross-Border Transactions Ripple Payments is an end-to-end solution designed for cross-border transactions, managing the flow of funds on behalf of businesses. It connects UK institutions with Ripple’s global payout partners, facilitating fast and reliable payments across borders. The platform eliminates the need for businesses to manage the complexities of blockchain infrastructure. By utilizing Ripple’s fully licensed platform, businesses can offer digital payment services quickly without bearing the infrastructure burden. The solution ensures compliance with regulatory standards while simplifying cross-border transactions for companies. Ripple’s payments platform is designed to be transparent and secure, ensuring that digital asset transactions meet industry requirements. Monica Long, President at Ripple, noted, “Blockchain and digital assets are becoming integral to the global economy.” The approval marks a step forward for Ripple’s ambitions to integrate these technologies into mainstream financial systems. The UK’s regulatory environment supports Ripple’s efforts in expanding its services within the region. Ripple’s Continued Commitment to the UK Market Ripple’s approval by…
Filed under: News - @ January 9, 2026 9:23 pm