The UK police previously seized 61,000 bitcoin said to be the proceeds of a large-scale Chinese wealth management scam.
The UK, India, and Canada are the regions of interest for Ripple.
Coinbase, OKX, Crypto.com, and Gemini, are introducing financial knowledge assessments for users in the UK, to comply with FCA guidelines.
Revolut's UK business users will not be able to buy crypto on the platfom from January 2024.
Coinbase has faced over 90% criminal enforcement requests from the US, highlighting growing scrutiny.
Tether deposited $1B+ in Britannia Financial subsidiary and now there's an ongoing legal battle in London High Court over the…
Following its short partnership with a UK approver for its crypto financial promotions, Binance halted acceptance of new UK customers,…
"Let's also recognise the entire industry for embracing digital finance," the Payments Association urged.
Brian Armstrong has slammed Chase UK'S updated crypto policy, calling it "totally inappropriate."
"The UK has, and will continue to be a home for financial and technological innovation," Ripple's Chris Larsen argued.