A new digital assets law will regulate stablecoins, requiring 100% reserve backing and user redemption rights.
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Ripple has obtained registration with the FCA through its UK subsidiary, marking a key regulatory milestone as Britain moves to integrate crypto into its financial framework.
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The exchange has reshuffled its institutional operations as part of a broader restructuring, with about a third of its sales team leaving, according to a source.
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Bitcoin continued to hold just above $90,000 in the minutes following the report’s release.
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The stablecoin issuer’s undisclosed investment valued the lender at around $500 million, according to a person familiar with the transaction.
The FCA has said that firms wishing to undertake crypto-related activities will need to be authorized when a new regime comes into force in October 2027.
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Polkadot (DOT) fell 1.4% and Ripple (XRP) fell 0.9% compared to Thursday.
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The current tight consolidation closely mirrors the April 2025 range that paved the way for a record high above $126,000.
Bitcoin’s ‘Temporal Capitulation’ Nears 50 Days, Echoing Conditions Before 2025 Surge Read More »
This decline was accompanied by an increase in volumes, suggesting activity by large operators or institutions, and analysts see a risk of continued pressure.
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