Ripple Markets UK Ltd, a subsidiary that probably exists because someone said “UK” and a spreadsheet wept, has now been graciously registered by the Financial Conduct Authority. This means they’ve nodded at the ancient and mysterious rituals of anti-money laundering rules. Presumably.
Under the leadership of Brad Garlinghouse (a man who may or may not be a crypto wizard in disguise), Ripple is now permitted to wave wands and cast spells-er, conduct crypto activities-in the UK. Huzzah! 🎉 (But please, no actual magic. The FCA doesn’t tolerate dragons.)
Being on the FCA’s “approved list” is like being allowed in the library but not borrowing books. The fine print clarifies this isn’t a full financial services license. It’s more of a “we haven’t sued you yet” stamp. 📜✨
Ripple, ever the global nomad, continues its quest to conquer continents one regulatory maze at a time. Last month, they struck a deal with AMINA Bank AG in Switzerland-a land where banks are vaults and neutrality is a lifestyle. Together, they’ll help clients send money across borders faster than a Llama with a jetpack. 🦙✈️
The partnership involves “near-real-time cross-border payments,” which sounds impressive until you realize it’s just a fancy way of saying “we’ll move your cash before the coffee goes cold.” Caveat emptor, or as the ancients said, “Read the small print.”
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2026-01-09 18:02