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Ripple registered with the UK Financial Conduct Authority

GateNews
Source: PANews

PANews January 9 News, according to CoinDesk, Ripple has obtained regulatory approval in the UK to conduct certain cryptocurrency-related business activities in the country. The UK Financial Conduct Authority (FCA) updated its regulatory register on Friday, showing that Ripple’s UK subsidiary, Ripple Markets UK Ltd., has completed registration under the country’s anti-money laundering regulations. Ripple’s inclusion on this register indicates compliance with anti-money laundering and counter-terrorism financing regulations, but this approval does not constitute a comprehensive financial services license.

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