UK falling behind in crypto regulation, prompting Ripple to call for faster clarity

From Yahoo Finance: 2025-04-05 16:31:00

Ripple, the blockchain-based payments firm behind XRP, raises concerns over the UK’s slow approach to crypto regulation, leading British banks to avoid digital assets. Despite improved conditions in the EU, the UK lags in regulatory progress, prompting Ripple to call for faster clarity to benefit from the pro-crypto stance seen in the U.S. While large banks in the UK hold back, smaller fintechs show interest in Ripple’s cross-border payment tools. Ripple is shifting its hiring focus to the U.S. but continues to invest in UK and European operations, awaiting regulatory approval from the FCA.



Read more at Yahoo Finance: This Country Is Falling Behind In The Crypto Race