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 progress. The assembly has led to hypothesis about Ripple’s subsequent transfer within the UK and concerning 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 function in monetary regulation isn’t missed by the crypto group as she immediately engages with Ripple. In the meantime, Ripple govt Cassie Craddock not too long ago revealed that the corporate intends to capitalize on the current 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 progress, 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 nicely. Nonetheless, Sethi overtly criticised the UK’s crypto regulation.
Nice to fulfill with Arjun Sethi & his workforce 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 right this 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 customers. Disclosures are necessary but when there are 14 steps, it’s worse.”
Moreover, he criticized the UK’s strict crypto rules 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 concept.”
The crypto group on X confirmed help for Sethi.
“UK rules are stifling progress for certain. It’s like they’re pushing innovation out the backdoor. And tokenized shares? Whole hype-no actual utility,” stated @DrigaDenis.
Truthfully, Sethi isn’t improper the UK’s turning its crypto scene right into a museum.Once 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 Process Pressure?
Just lately, the US and UK governments have introduced a strategic partnership by creating a proper joint job pressure designed to cut back regulatory friction for corporations in search of to entry capital throughout markets. Importantly, the joint job pressure will coordinate the 2 international locations’ approaches in direction of cryptocurrency oversight.
The duty pressure 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 an announcement 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 growing, in addition to choices for long-term collaboration and extra alternatives for wholesale digital markets innovation.”
Based on 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 Process Pressure
Key Takeaways
Ripple govt Cassie Craddock not too long ago revealed that Ripple intends to capitalize on current US-UK regulatory collaborations.
All eyes might be on the gradual rollout of the UK’s full crypto regulation framework in 2026.
The publish What Is Ripple Planning With UK? Firm President Meets UK Financial system Secretary To The Treasury appeared first on 99Bitcoins.
