Ripple Believes UK Regulations Can Fuel Crypto Expansion

Cassie Craddock, Ripple’s Managing Director for the UK and Europe, believes that the UK has enormous potential to become a leading international center for digital asset innovation. However, the regulatory landscape presents challenges for crypto businesses operating in the UK. Over 50% of UK-based companies find themselves facing restricted access to traditional banking services, leading to closures or denials of accounts. Ripple suggests this restriction is hindering growth and potentially missing out on significant potential.