Ripple subsidiary secures FCA registration in UK as XRP price stays muted

Beincrypto reports that Ripple Markets UK Ltd. has received registration from the Financial Conduct Authority (FCA), clearing a major regulatory milestone and allowing the company to operate under the UK’s regulated financial framework.

The approval enables Ripple to work directly with banks and financial institutions and positions it as a compliant, long-term payments provider. Nearly 90% of crypto firms attempting FCA registration have failed, highlighting the rigor of the process. Despite the milestone, XRP traded at $2.10 as of this writing, a modest 0.7% increase over the last 24 hours.

The FCA registration bolsters Ripple’s institutional credibility and could improve its chances of participating in payments infrastructure experiments, CBDC pilots and tokenized settlement systems. The UK is consulting on applying the FCA Handbook to crypto firms under CP25/25, with proposed rules on governance, operational resilience, financial crime prevention and alignment with traditional finance; subsequent developments tied to this approval could still move XRP’s price.

Key Topics

Crypto, Ripple Markets Uk, Financial Conduct Authority, Xrp, Uk, Cbdc Pilots