Ripple's UK subsidiary, Ripple Markets UK Ltd., has officially obtained an Electronic Money Institution (EMI) license issued by the UK's Financial Conduct Authority (FCA), which means the company can now legally provide payment services and electronic money-related business in the UK. This is a significant progress in regulatory compliance for the XRP ecosystem. Currently, the XRP trading price remains around $2.1, with a gain of over 10% in the past seven days, reflecting the market's positive response to this good news.
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Ripple's UK subsidiary, Ripple Markets UK Ltd., has officially obtained an Electronic Money Institution (EMI) license issued by the UK's Financial Conduct Authority (FCA), which means the company can now legally provide payment services and electronic money-related business in the UK. This is a significant progress in regulatory compliance for the XRP ecosystem. Currently, the XRP trading price remains around $2.1, with a gain of over 10% in the past seven days, reflecting the market's positive response to this good news.