Ripple has achieved new progress in the UK. Its UK subsidiary Ripple Markets UK Ltd. recently received official registration approval from the UK Financial Conduct Authority (FCA), having completed the registration process in accordance with anti-money laundering and counter-terrorism financing regulations. This means Ripple can legally conduct certain crypto asset-related businesses in the UK. However, it is important to note that this FCA registration does not constitute a full financial services license, but rather a compliance permit within the existing regulatory framework. For Ripple, this is an important step toward compliant operations in the European market and also reflects the gradually clarifying attitude of traditional financial regulators toward mainstream crypto asset companies.