Ripple Pushes UK to Fast-Track Crypto Rules with Bold 4-Point Strategy
The post Ripple Pushes UK to Fast-Track Crypto Rules with Bold 4-Point Plan appeared on BitcoinEthereumNews.com. The post Ripple Presses UK to Fast-Track Crypto Rules with Vibrant 4-Point Strategy appeared first on Coinpedia Fintech News Ripple is advising UK policymakers to speed up crypto policy, setting out a four-point method created to turn the nation into a hub for digital property innovation. The proposal, released during the London Policy Top, signifies a growing seriousness within the market to see the UK guidelines take a leading role in shaping the future of global financing. Ripple has actually long been dealing with regulators, unlike numerous crypto firms simply starting. It has actively worked together with policymakers in regions like Singapore, Dubai, and the EU, where clear crypto guidelines already exist. At Ripple’s UK Policy Summit earlier this year, one message was clear: the time to act is now: https://t.co/7VDmJ3eVDa
Suggestions for UK policymakers:
- Build a growth-driven structure
- Lead on international standards
- Advance stablecoin adoption
- Tackle tokenization
Policy Momentum Constructs Ripple $XRP has released a report on how the UK can better adopt and integrate crypto assets: “opportunity for the UK is huge.” “boost financial inclusion and solidify the UK’s position as a competitive global financial center.” https://t.co/XQPjVHGW5b
The top, hosted by Ripple along with the UK Centre for Blockchain Technology and Innovate Finance, brought together officials and industry figures to assess the UK’s progress on crypto policy. The discussion followed a string of recent moves by the UK government, including draft legislation from HM Treasury and consultations from the Financial Conduct Authority on key issues like stablecoins, custody, and prudential standards. Even though the UK aims to excel in the crypto space, they require robust crypto regulations from the outset, and Ripple is ready to assist them with their innovative plan. Singapore and Dubai are true examples of laying crypto-friendly regulations without being…
