According to @s_alderoty, Ripple has secured approval for both an Electronic Money Institution (EMI) license and Cryptoasset Registration from the UK Financial Conduct Authority (FCA). According to Ripple’s official X update, the company described this as the arrival of regulated digital asset payments in the UK and confirmed it has officially secured both approvals. According to the UK Financial Conduct Authority, EMI authorization permits firms to issue e-money and provide payment services in the UK, and Cryptoasset Registration under the UK Money Laundering Regulations requires registered firms to meet anti-money laundering and counter-terrorist financing standards for specified cryptoasset activities. According to @s_alderoty, Ripple plans to scale Ripple Payments for UK financial institutions following these approvals.

According to Farside Investors, the UK Financial Conduct Authority (FCA) has officially approved the launch of a Bitcoin ETF, as reported by CNBC on June 6, 2025 (source: CNBC). This regulatory approval marks a significant development for cryptocurrency traders, enabling easier institutional and retail access to Bitcoin through regulated financial products. The move is expected to enhance liquidity and market participation in the UK crypto sector, potentially attracting new investments and influencing global Bitcoin ETF trends (source: CNBC).