On 12 November 2025, Ripple President Monica Lengthy met with UK’s financial Secretary to the Treasury, Lucy Rigby, to debate how digital property can enhance the nation’s competitiveness and progress. 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 property 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 shouldn’t be missed by the crypto group as she immediately 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 property and our new devoted assist for international fintech scaling within the UK.”
After victories in opposition to the US Securities and Alternate 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 property can enhance 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 properly. Nonetheless, Sethi brazenly criticised the UK’s crypto regulation.
Nice to fulfill with Arjun Sethi & his crew 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 must do the transaction, it’s worse for shoppers. Disclosures are vital 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 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 assist 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,” said @DrigaDenis.
Actually, Sethi isn’t incorrect the UK’s turning its crypto scene right into a museum.
Whenever 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?
Lately, the US and UK governments have introduced a strategic partnership by creating a proper joint process pressure designed to scale back regulatory friction for companies looking for to entry capital throughout markets. Importantly, the joint process 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) released a statement saying, “The aim of the Taskforce is to discover choices for short-to-medium time period collaboration on digital property 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 response to the US DoT, “the Transatlantic Taskforce for Markets of the Future ought to report inside 180 days.”
Discover: After Trump’s Visit Britain Set To Reduce Crypto Red Tape: US-UK Launch Transatlantic Task Force
Key Takeaways
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Ripple government Cassie Craddock lately revealed that Ripple intends to capitalize on latest US-UK regulatory collaborations.
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All eyes will probably be on the gradual rollout of the UK’s full crypto regulation framework in 2026.
The publish What Is Ripple Planning With UK? Company President Meets UK Economy Secretary To The Treasury appeared first on 99Bitcoins.
