Ripple Secures FCA Approval to Offer Regulated Payment Services in UK

2026-01-09 16:27:05

Source: CryptoNewsNet Original Title: Ripple wins FCA approval to offer compliant payment services in UK Original Link:

Overview

Ripple, the blockchain company specializing in cross-border payments, has secured an Electronic Money Institution (EMI) authorization from the UK’s Financial Conduct Authority through its UK subsidiary. The approval was registered on January 9.

Key Implications

The EMI authorization allows Ripple to operate regulated payment and e-money services in the UK under FCA supervision, while reinforcing its compliance credentials in a key financial market.

This move is significant as it aligns with the UK’s strategy to integrate digital assets into its financial infrastructure. The FCA has been actively consulting on rules for crypto trading platforms, lending, and staking activities.

Strategic Focus

Ripple is expected to focus on scaling its regulated payments infrastructure in the UK, using EMI authorization as a foundation to deepen relationships with banks, payment providers, and institutional clients.

Market Response

XRP, the crypto asset associated with Ripple’s payment and settlement mechanisms, edged slightly higher following the news. The digital asset was trading at around $2.1 at press time, up more than 10% over the past seven days.

XRP1,12%

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