Ripple Wins FCA Nod to Launch Limited UK Payments

Crypto News Regulation

Ripple Wins FCA Approval to Launch Limited UK Payment Services

Written by Aaron S.,

Editor-In-Chief

Last Updated: January 09, 2026

Key Takeaways

Ripple Markets UK gained FCA approval to operate as an Electronic Money Institution and register under anti-money laundering rules;
The approval lets Ripple offer limited payment services but bars it from serving retail clients or running crypto ATMs without clearance;
FCA requires firms to seek full digital asset licensing by Oct 25, 2027; Ripple’s decision shows commitment to UK regulatory compliance.

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Ripple Wins FCA Approval to Launch Limited UK Payment Services

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On January 9, Ripple received approval from the UK Financial Conduct Authority (FCA) for its local subsidiary, Ripple Markets UK, to act as an Electronic Money Institution and to register under the Money Laundering Regulations.

This new status permits the company to issue electronic money and deliver certain payment services with restrictions, while also demonstrating compliance with anti-money laundering standards.

This FCA permission grants Ripple Markets UK the ability to conduct some payment activities in the country, but explicitly limits several types of business.

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The regulatory body states that the company cannot operate crypto ATMs, serve retail customers, or appoint agents without prior written clearance.

Additionally, Ripple Markets UK cannot provide electronic money or payment solutions to retail customers, micro-enterprises, or charities at this time.

The FCA has clarified that although registration under Money Laundering Regulations is now required, organizations must submit applications for full licensing by October 25, 2027, to continue operations in digital assets.

Registration will not automatically qualify existing firms for ongoing status, so a new round of regulatory review is expected.

Approval for Ripple's UK branch demonstrates the company's intent to further expand its presence in the UK by focusing on regulatory readiness and maintaining its organizational status in the dark.

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