On 12 November 2025, Ripple President Monica Lengthy met with UK’s financial Secretary to the Treasury, Lucy Rigby, to debate how digital belongings can increase the nation’s competitiveness and development. The assembly has led to hypothesis about Ripple’s subsequent transfer within the UK and in regards to the UK’s ambitions in direction of digital belongings and blockchain. Lengthy took to X to say that the UK is “constructing on its standing as one of many main monetary hubs of the world.”
Notably, Rigby’s position in monetary regulation is just not missed by the crypto group as she instantly engages with Ripple. In the meantime, Ripple government Cassie Craddock lately revealed that the corporate intends to capitalize on the latest US-UK regulatory collaborations.
With an image on X, Rigby stated, “Thrilling dialogue with Ripple’s Monica Lengthy right here in Singapore on fostering innovation in digital belongings and our new devoted help for world fintech scaling within the UK.”
After victories towards the US Securities and Change Fee (SEC), Ripple has utilized to register as a crypto asset agency with the UK’s Monetary Conduct Authority (FCA).
Nice to welcome the UK's Financial Secretary to the Treasury @LucyRigby at Ripple’s Singapore workplace to debate how digital belongings can increase the UK's competitiveness and development, constructing on its standing as one of many main monetary hubs of the world. pic.twitter.com/dIB7SBH4RE
— Monica Lengthy (@MonicaLongSF) November 12, 2025
Rigby took a gathering with Kraken Co-CEO Arjun Sethi as effectively. Nevertheless, Sethi overtly criticised the UK’s crypto regulation.
Nice to fulfill with Arjun Sethi & his staff at @krakenfx this afternoon to debate the thrilling alternatives for digital asset innovation in pic.twitter.com/b9Ayo93jYC
— Lucy Rigby KC MP (@LucyRigby) November 6, 2025
“UK customers are blocked from about 75% of crypto merchandise, together with DeFi staking and lending,” stated Kraken Co-CEO
“Within the UK at the moment, should you go to any crypto web site, together with Kraken’s, you see the equal to a cigarette field warning — ‘use this and also you’re going to die,” stated Kraken Co-CEO Arjun Sethi. “Due to the pace at which they should do the transaction, it’s worse for shoppers. Disclosures are essential but when there are 14 steps, it’s worse.”
Moreover, he criticized the UK’s strict crypto laws for hindering capital flows and hurting consumer expertise.
Sethi additionally stated Kraken received’t supply tokenized shares of personal corporations like Robinhood did, calling its tokenized OpenAI shares “a horrible thought.”
The crypto group on X confirmed help for Sethi.
“UK laws are stifling development for certain. It’s like they’re pushing innovation out the backdoor. And tokenized shares? Complete hype-no actual utility,” stated @DrigaDenis.
Actually, Sethi isn’t flawed the UK’s turning its crypto scene right into a museum.If you block 75% of the market, innovation doesn’t pause, it simply strikes elsewhere.DeFi’s not the enemy, overregulation is.And yeah, tokenizing personal shares? That’s reckless hype, not progress.…
— Joe | KOL & Alpha Crypto Influencer (@SelfSuccessSaga) November 12, 2025
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What’s the US-UK Launch Transatlantic Activity Drive?
Not too long ago, the US and UK governments have introduced a strategic partnership by creating a proper joint job power designed to cut back regulatory friction for corporations looking for to entry capital throughout markets. Importantly, the joint job power will coordinate the 2 nations’ approaches in direction of cryptocurrency oversight.
The duty power was fashioned throughout Trump’s go to out of high-level talks between UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent.
On 22 September 2025, the US Division of the Treasury (DoT) launched a press release saying, “The aim of the Taskforce is to discover choices for short-to-medium time period collaboration on digital belongings whereas laws and regulatory regimes are nonetheless creating, in addition to choices for long-term collaboration and extra alternatives for wholesale digital markets innovation.”
In accordance with the US DoT, “the Transatlantic Taskforce for Markets of the Future ought to report inside 180 days.”
Discover: After Trump’s Go to Britain Set To Scale back Crypto Crimson Tape: US-UK Launch Transatlantic Activity Drive
Key Takeaways
Ripple government Cassie Craddock lately revealed that Ripple intends to capitalize on latest US-UK regulatory collaborations.
All eyes will probably be on the gradual rollout of the UK’s full crypto regulation framework in 2026.
The submit What Is Ripple Planning With UK? Firm President Meets UK Financial system Secretary To The Treasury appeared first on 99Bitcoins.
