Ripple approved as an EMI to provide payment services in the UK

Ripple, the blockchain payments company, has taken a significant step in the United Kingdom. Its UK subsidiary, Ripple Markets UK Ltd., has officially secured an Electronic Money Institution (EMI) license from the Financial Conduct Authority (FCA). This milestone allows the company to provide payment services and issue electronic money under UK law.

Source: invezz.com

Related symbols: XRPUSD