Ripple Gains FCA Registration and EMI License as UK and Abu Dhabi Expand Its Regulated Footprint

Ripple Markets UK Ltd. has been added to the UK FCA register under anti-money laundering and counter-terrorist financing rules and separately obtained Electronic Money Institution authorization, enabling a broader range of regulated crypto and payment services in the country. XRP traded around $2.1 after the announcement, having risen more than 10% over the previous week, while Ripple also advanced plans for a US national trust bank charter and secured approval for its RLUSD stablecoin for institutional use in Abu Dhabi.