What the FCA Approval Really Allows — and What It Doesn’t

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Despite the milestone, Ripple’s UK approval comes with clear limits. According to FCA records, Ripple Markets UK cannot yet serve retail clients, operate crypto ATMs, appoint distributors, or issue electronic money without additional written approval from the regulator.

The company is also restricted from offering payment services to consumers, micro-enterprises, or charities at this stage. These conditions highlight the FCA’s cautious, phased approach to crypto oversight as the UK transitions toward its full licensing regime under the Financial Services and Markets Act by October 2027.

[nihalsari]

uk really loves the phased rollout approach, nothing happens fast but at least it’s predictable