UK approvals let Ripple route payments using XRP inside regulated flows

Beincrypto reported that Ripple has secured UK Financial Conduct Authority approvals allowing it to operate a licensed digital-asset payments stack that can use XRP inside regulated payment flows.

The company obtained an EMI licence and cryptoasset registration, enabling UK institutions to send cross-border payments “using digital assets” through Ripple’s licensed platform. Ripple reminded readers that its infrastructure runs on the XRPL, where XRP is the native asset for settlement, and said the licence lets it handle the regulated fiat side of transactions—removing banking-rail and compliance barriers and allowing Ripple Payments to abstract blockchain complexity for banks. The announcement also highlighted services such as Ripple Prime, custody, clearing, FX and fixed-income as part of its institutional pipeline.

The approval enables XRP to be used in UK-originating corridors, but real demand will depend on Ripple onboarding banks, moving payment flows and settling value on XRPL. Traders have so far reacted little to the news, and the article notes that this type of utility typically takes time to materialise after the paperwork is signed.

Key Topics

Crypto, Ripple, Xrp, Xrpl, Financial Conduct Authority, Emi Licence