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 the 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 neighborhood as she straight engages with Ripple. In the meantime, Ripple govt Cassie Craddock not too long ago revealed that the corporate intends to capitalize on the latest US-UK regulatory collaborations.
With an image on X, Rigby mentioned, “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 in opposition to 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 satisfy 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,” mentioned Kraken Co-CEO
“Within the UK immediately, if you happen to 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,” mentioned Kraken Co-CEO Arjun Sethi. “Due to the pace at which they should do the transaction, it’s worse for customers. 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 person expertise.
Sethi additionally mentioned Kraken gained’t supply tokenized shares of personal corporations like Robinhood did, calling its tokenized OpenAI shares “a horrible thought.”
The crypto neighborhood on X confirmed help for Sethi.
“UK laws are stifling progress for positive. It’s like they’re pushing innovation out the backdoor. And tokenized shares? Whole hype-no actual utility,” mentioned @DrigaDenis.
Actually, Sethi isn’t incorrect 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 non-public 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 Drive?
Just lately, the US and UK governments have introduced a strategic partnership by creating a proper joint process pressure designed to cut back regulatory friction for companies searching for to entry capital throughout markets. Importantly, the joint process pressure will coordinate the 2 nations’ approaches in the direction of cryptocurrency oversight.
The duty pressure was shaped 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 growing, 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 Cut back Crypto Pink Tape: US-UK Launch Transatlantic Process Drive
Key Takeaways
Ripple govt Cassie Craddock not too long ago revealed that Ripple intends to capitalize on latest US-UK regulatory collaborations.
All eyes can be on the gradual rollout of the UK’s full crypto regulation framework in 2026.
The put up What Is Ripple Planning With UK? Firm President Meets UK Economic system Secretary To The Treasury appeared first on 99Bitcoins.
