Cassie Craddock, CEO and Managing Director of Ripple Labs in the United Kingdom, has spotlighted the firm’s latest achievement in the region. As she revealed on her official X account, these achievements are tied to its regulatory push as a crypto operator.
Ripple secures EMI license
Craddock shared photos of an event at the London Tower Bridge to celebrate the receipt of its EMI Licence and Cryptoasset registration from the U.K.'s FCA
As she noted, this move will also be complemented by its EU EMI Licence. This, Craddock believes, implies that the bridge between TradFi and DeFi is now officially open. She said that this gap has been bridged and was shown at the Tower Bridge event.
The Ripple executive noted that the era of experimentation is over, and that regulated, institutional-grade production has now been ushered in.
Over the past year, Ripple Labs has made a frantic effort to advance its reach in both the United States, the United Kingdom and the European Union. With product releases and new partnerships like that with Aviva Investors, the firm has continued to penetrate the traditional financial market.
While the U.K. has no defined laws for crypto like MiCAR in the EU, Ripple Labs considers the region a strategic hub to advance its business interests.
Ripple and product development
In order to achieve its broader goal, Ripple has been building its infrastructure to take advantage of the new shift in tokenization.
From updates to the XRP Ledger to regular minting of RLUSD stablecoin, it has continued to compete with existing projects in the industry
In an earlier report by U.Today, Ripple Labs unveiled its payment services targeted at its traditional banking partners. This service will uniquely integrate XRP, a bridge digital currency it is closely associated with.
In the meantime, the firm and its executives are focused on getting the CLARITY Act passed in the U.S., a move that may further aid its overall payment dominance readiness.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket Prepares pUSD Rollout and Protocol Upgrade to Cut Failed Trades
Polymarket's protocol upgrade introduces pUSD, a USDC-backed collateral token on Polygon, enhancing order management, reducing failed trades, and lowering gas costs. The update aims for a smoother user experience while improving trading architecture and security.
CryptoNewsFlash3h ago
Nous Research Deep Dive: A Decentralized AI Lab That Paradigm Invested in at a $1B Valuation, Comprehensive Breakdown of the Hermes Model and the Psyche Network
Nous Research is an open-source AI lab focused on the Hermes series of models. In 2025, it received a $50 million investment from Paradigm, valuing it at $1 billion. What makes it unique is that it develops AI technology with a crypto-native team and then integrates it with the blockchain. Its core product, the Hermes model, is designed around the goal of reducing the refusal rate, and its data sources rely mainly on synthetic data. At the same time, Psyche Network builds a decentralized AI training network on Solana, incentivizing participants through a token mechanism. Nous Research adopts an open-source and decentralized strategy, aiming to demonstrate its technical capability and feasibility.
ChainNewsAbmedia4h ago
Ondo Finance submits a letter to the U.S. SEC requesting no enforcement action, concerning on-chain record-keeping of tokenized securities rights on the rights chain
Ondo Finance filed a request with the SEC on April 13, seeking confirmation that recording securities interests on the Ethereum mainnet in a tokenized form is compliant under certain patterns. Ondo believes that this on-chain recording can improve collateral monitoring, optimize processes, and simplify reconciliations, with the goal of operating in coordination with traditional finance.
GateNews6h ago
Pi Network Distributes 26.5M PI to 1M KYC Validators
Pi Network has taken another step forward in building its ecosystem. The project recently distributed 26.5 million PI tokens to more than 1 million KYC validators.
These rewards were given to users who helped verify identities on the network. This process is important. Because it ensures that
Coinfomania6h ago
Aave Faces a Major Trust Crisis: Service Providers Exit En Masse, with “Technology, Governance, and Risk Control” Fully Failing
Author: Jae, PANews
Compared with the external pressure of a bear market, Aave has instead seen a “black swan” emerge internally first.
Aave, which has long occupied the throne of lending agreements, is now facing the most severe ecosystem shake-up since its founding. There has been no hacker attack, no code vulnerabilities—only power gone out of control and conflicting interests.
From BGD Labs, a technical cornerstone, decisively leaving, to a public break between governance pioneer ACI (Aave Chan Initiative), and then to Chaos Labs, the risk-management steward, announcing that it is parting ways— a major “service provider retreat” is unfolding.
The depth of this game goes far beyond a mere cooperation dispute; it has triggered
区块客7h ago
Hyperliquid introduces a priority fee mechanism on mainnet; the order priority fee cap is reduced to 8 bps
Hyperliquid founder Jeff announced on Discord that the priority fee mechanism has been live on the mainnet in Alpha mode, including two types: Gossip and Order. Users can pay with HYPE tokens; the order priority fee cap has been reduced from 20 bps to 8 bps. Currently, it only applies to IOC orders for HIP-3 assets.
GateNews8h ago
