Ripple says it wants new UK crypto laws. ‘We’re not asking to be unregulated’ – DL News
- Ripple wants new UK crypto laws.
- New laws will unlock more capital for the cash-strapped nation, it argued.
- The XRP developer discouraged Westminster from copying MiCA.
The UK can’t afford to lag behind the European Union and the United States on crypto laws.
That’s according to Ripple executives who this week urged the British government to catch up or risk losing out on trillions of pounds’ worth of business opportunities.
Politicians have a chance to bolster the financial industry, which contributed £208 billion to the economy in 2023, with new regulations to enable the industry to leverage blockchain technology, said Matthew Osborne, Ripple’s policy director of Europe.
“Time is of the essence to show that the UK is open for…
