Ripple Obtains Major License in UK

utoday01-09

Ripple, a major blockchain and payments company, has managed to secure regulatory registration with the United Kingdom's Financial Conduct Authority (FCA) via its UK-based subsidiary. The development ...

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This new regime will treat stablecoins and other assets under existing financial rules, with phased implementation.Prioritizing regulatory compliance Last year, Ripple became one of the first blockchain payments providers licensed by the Dubai Financial Services Authority (DFSA) to operate within the Dubai International Financial Centre (DIFC). In December, Ripple’s affiliate Ripple Markets APAC Pte. Ltd. received expanded regulatory approval from the Monetary Authority of Singapore (MAS) under a major payment institution regime.Ripple now holds over 50 money transmitter licenses across multiple U.S. states, including important approvals in Texas and New York. The company also holds a range of regulatory approvals in other markets, including places like Ireland and the Cayman Islands.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2602058232","isCrawlerRequest":true}