Ripple's managing director Cassie Craddock says the company is seeing “big opportunities” in the UK.
She says the UK is one of the company's largest office hubs outside of its own country.
As Reported by U.Todaythe sixth largest economy in the world introduced bills into the cryptocurrency industry earlier this week.
In particular, the UK is working with the US on cryptographic regulations and appears to be keeping its distance from the EU on this issue.
In her social media post, Craddock offers praise for the UK's latest legislative effort. “The bill shows positive signs that the UK will leverage the advantages of its second initiators and propose an agile, globally competitive regulatory framework that reflects the boundless nature of blockchain,” she said. I said.
As Reported by U.TodayRipple co-founder Chris Larsen praised the UK in 2023 for being a leading fintech hub.
In 2020, prior to the SEC lawsuit, London was on the list of locations where Ripple might be considering moving its global headquarters.