Ripple Secures FCA Approval to Expand Digital Asset Services
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Regulatory Approval: Ripple has secured Electronic Money Institution authorization and Cryptoasset Registration from the UK Financial Conduct Authority (FCA), marking a significant step in expanding its regulated digital asset services in the UK, which is expected to enhance institutional engagement in the market.
- Cross-Border Payment Services: This approval enables Ripple to offer regulated cross-border payment services to UK institutions, not only aligning with stringent regulatory standards but also deepening relationships with banks and payment providers, thereby driving digital asset adoption.
- Strategic Positioning: Ripple emphasizes its regulatory-first expansion strategy, as the FCA's forthcoming requirement for all cryptoasset service providers to obtain authorization will further promote market compliance, positioning the UK as a core hub in Ripple's global strategy with its new license.
- Industry Transformation: Ripple executives highlight that the shift towards blockchain and digital assets reflects a significant transformation in the finance industry, and the FCA's approval will provide essential infrastructure to help UK businesses seize the colossal opportunities presented by digital assets.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








