No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, October 29, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

This Country Is Falling Behind In The Crypto Race

by TheAdviserMagazine
7 months ago
in Business
Reading Time: 3 mins read
A A
This Country Is Falling Behind In The Crypto Race
Share on FacebookShare on TwitterShare on LInkedIn


Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Ripple, the blockchain-based payments firm behind XRP (CRYPTO: XRP), is raising fresh concerns over the UK’s sluggish approach to crypto regulation, arguing that it’s leaving British banks unwilling to engage with digital assets.

What Happened: At a policy summit held in London, Cassie Craddock, Ripple’s Managing Director for the UK and Europe, said that the country’s banking institutions remain hesitant to adopt Ripple’s services due to lingering uncertainty around crypto laws.

“It’s still difficult to access basic banking services because of this uncertainty,” she said, adding that large banks continue to keep their distance.

Don’t Miss:

Craddock recalled being dismissed by major banks during earlier attempts to introduce Ripple’s solutions. “Back in 2017, financial institutions would hear us out and then never return our calls,” she said.

Although conditions have since improved in the EU, where banks are increasingly embracing digital asset services under the new Markets in Crypto-Assets (MiCA) regulation, the UK has made less progress.

While the new Labour government under Prime Minister Keir Starmer has restarted work on a regulatory framework, Ripple says the pace remains too slow.

“We need clarity sooner rather than later if we want to benefit from the pro-crypto stance we’re seeing in the U.S.,” Craddock told DL News, referencing recent policy shifts under President Trump’s administration.

Ripple says its expansion in Europe has accelerated thanks to clearer regulation across the bloc.

According to Craddock, banks on the continent are now facing client demand for digital asset services—leading them to seek out platforms like Ripple.

In contrast, UK institutions are holding back due to a lack of confidence in the regulatory environment.

“They don’t feel secure enough to get involved,” she said.

While large banks hesitate, Ripple is finding more interest among smaller fintechs and startups in the UK looking to leverage its cross-border payment tools.

See Also: This platform is reshaping how you invest in private companies — and you can be a part of it for $0.18 per share.

Why It Matters: The firm is increasingly shifting its hiring strategy to focus on the United States.

Story Continues

CEO Brad Garlinghouse has previously stated that 75% of new roles will be U.S.-based to align with the friendlier policy environment there.

Despite this, Ripple says it continues to invest in its UK and European operations.

The company is also one of several awaiting regulatory approval from the UK’s Financial Conduct Authority (FCA).

Since 2020, the FCA has only approved 14% of the 351 crypto firms that have applied for registration, a rate that has drawn criticism from the industry.

In response, the FCA maintains that its low approval rate reflects strict adherence to anti-money laundering standards, rather than resistance to innovation.

“We’re not anti-innovation,” FCA Chief Executive Nikhil Rathi said last week. “We want the UK to be an attractive destination.”

Read Next:

Image: Shutterstock

Send To MSN:  Send to MSN

This article Ripple Warns: This Country Is Falling Behind In The Crypto Race originally appeared on Benzinga.com



Source link

Tags: countryCryptofallingrace
ShareTweetShare
Previous Post

7 Times the Simpsons Played Market Nostradamus and Nailed It

Next Post

5 Wedding Rip-Offs That Could Ruin Your Honeymoon Bliss

Related Posts

edit post
Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

by TheAdviserMagazine
October 29, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

edit post
Nvidia is officially the world’s first  trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

Nvidia is officially the world’s first $5 trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

by TheAdviserMagazine
October 29, 2025
0

Nvidia made history Wednesday, becoming the world’s first company to reach a $5 trillion market capitalization as shares surged more...

edit post
VF Corp tops Q2 forecast on strong back-to-school, wholesale demand

VF Corp tops Q2 forecast on strong back-to-school, wholesale demand

by TheAdviserMagazine
October 29, 2025
0

However, on a constant dollar basis, revenue at VF Corp declined by 1% YoY. This still surpassed the company’s previously...

edit post
Israel’s tech sector shrinks amid AI uncertainties

Israel’s tech sector shrinks amid AI uncertainties

by TheAdviserMagazine
October 29, 2025
0

The last quarter of the year is the preferred time for tech companies - large and small to cut...

edit post
Akasa Air will look at IPO in next 2-5 years, says CEO Vinay Dube

Akasa Air will look at IPO in next 2-5 years, says CEO Vinay Dube

by TheAdviserMagazine
October 29, 2025
0

Akasa Air will look at an initial public offering in the next two to five years, its Founder and CEO...

edit post
Copper hits record on mine supply issues, US-China tension easing boosts rally

Copper hits record on mine supply issues, US-China tension easing boosts rally

by TheAdviserMagazine
October 29, 2025
0

Oct. 29, 2025 6:34 AM ETCopper Futures (HG1:COM), COPX, CPERFCX, SCCO, BHP, TECK, RIO, AAUKF, GLCNF, HBM, NGLOY, EROBy: Arundhati...

Next Post
edit post
5 Wedding Rip-Offs That Could Ruin Your Honeymoon Bliss

5 Wedding Rip-Offs That Could Ruin Your Honeymoon Bliss

edit post
Here’s what happened in crypto today

Here’s what happened in crypto today

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Impact of tariffs on tax and trade in 2025

Impact of tariffs on tax and trade in 2025

0
edit post
Fiserv stock craters 44% after company slashes guidance

Fiserv stock craters 44% after company slashes guidance

0
edit post
Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

0
edit post
From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting

From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting

0
edit post
Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

0
edit post
16 Best Overseas Jobs for Americans and 10 Companies Hiring Now

16 Best Overseas Jobs for Americans and 10 Companies Hiring Now

0
edit post
Fiserv stock craters 44% after company slashes guidance

Fiserv stock craters 44% after company slashes guidance

October 29, 2025
edit post
Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)

October 29, 2025
edit post
Impact of tariffs on tax and trade in 2025

Impact of tariffs on tax and trade in 2025

October 29, 2025
edit post
Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

Grayscale Debuts Solana ETF, Joining Bitwise in Staking Race

October 29, 2025
edit post
Nvidia is officially the world’s first  trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

Nvidia is officially the world’s first $5 trillion company. CEO Jensen Huang says it’s on track for ‘half a trillion dollars’ in revenue

October 29, 2025
edit post
Tesla: Kursexplosion durch KI- und Robotaxi-Hype jederzeit möglich!

Tesla: Kursexplosion durch KI- und Robotaxi-Hype jederzeit möglich!

October 29, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Fiserv stock craters 44% after company slashes guidance
  • Flex signals at least 35% data center revenue growth for FY26 as AI-driven demand accelerates (NASDAQ:FLEX)
  • Impact of tariffs on tax and trade in 2025
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.