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Ripple Sets Out Regulatory Ambitions to Propel UK Towards Global Crypto Hub Status
Ripple, the leader in enterprise blockchain and crypto solutions, today launches a policy paper titled: “Block by Block: Building up the UK as a global cryptoasset centre.” The paper outlines a regulatory framework that could set the UK on the path to becoming a global crypto hub by fostering innovation and growth, encouraging investment, and educating both the public and policymakers on the sector’s benefits and risks.
As one of the world’s leading financial centres, the UK is well placed to make the most of the next wave of global financial innovation by developing its cryptoasset sector. What’s more, with a new Prime Minister that is an advocate of the value that crypto and blockchain solutions bring, the country is primed to deliver a transparent, principled, and proportionate regulatory framework to the benefit of the local cryptoasset ecosystem.
Andrew Whitworth, EMEA Policy Director, Ripple, said: “Heading into the summer, the UK’s crypto ambitions were ready to be realised, and after a period of instability, it’s time to get that train back on the rails and move forwards. We’ve seen other jurisdictions take progressive steps to offer regulatory clarity for their local cryptoasset industries and the UK cannot afford to fall behind. Our policy paper speaks directly to UK regulators and offers guidance on how they can collaborate with the private sector and build the UK as a global crypto centre.”
Ripple’s paper draws comparisons between the UK’s regulatory approach and other progressive administrations, such as Singapore, Dubai and the EU, and sets out its own policy ambitions.
These include:
- Developing a clear and differentiated regulatory framework that treats the different actors of the cryptoasset space according to their own risk profiles;
- Investing in resources and improving coordination between regulatory bodies and the private sector to ensure efficient and timely responses to industry developments and innovation;
- A commitment to public education that develops policymakers’ and the wider public’s understanding of the sector’s benefits and risks to create a more balanced discourse.
Read the policy paper “Block by Block: Building up the UK as a global cryptoasset centre” here.
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Galaxy Launches GalaxyOne, Bringing Institutional-Quality Financial Offerings to Individual Investors
Galaxy Digital Inc. (NASDAQ: GLXY) (TSX: GLXY) today launched GalaxyOne, a financial technology platform offering U.S.-based individual investors to access high yields on fiat cash, alongside crypto and equities trading in a single digital experience. Accredited investors1 can access 8.00% Annual Percentage Yield (APY) through Galaxy Premium Yield2, while all investors can earn 4.00% APY3 on cash deposits and the ability to auto-reinvest earned interest into bitcoin or other supported crypto – all backed by Galaxy's financial expertise, rigorous risk management, and white-glove client service.
"We've spent years building institutional-quality infrastructure to serve the world's most sophisticated investors. Now, we're extending that edge to individuals," said Mike Novogratz, Founder and CEO of Galaxy. "Importantly, GalaxyOne advances our mission of becoming a full-spectrum financial services provider that builds trusted, regulated, and accessible products for all market segments."
GalaxyOne, which is available on mobile (iOS and Android) and online in the U.S., launches with four core products:
- Galaxy Premium Yield 2: Earn 8.00% APY through an investment note issued by Galaxy Digital LP, a subsidiary of Galaxy Digital Inc. and available exclusively to U.S. accredited investors on GalaxyOne. Yield is generated by Galaxy's institutional lending business, active since 2018. Each investment requires a $25,000 minimum and is capped at $1 million per investor with an initial $250 million total investment cap. Interest accrues daily and is paid monthly into the GalaxyOne Cash account.
- GalaxyOne Cash 3: Earn 4.00% APY in a high-yield cash deposit account FDIC insured up to $250,000. Banking services are provided by Cross River Bank, member FDIC.
- GalaxyOne Crypto: Buy, trade, hold and transfer major blue-chip digital assets, including bitcoin (BTC), ethereum (ETH), and solana (SOL). Transparent pricing, recurring purchases and real-time execution are available on the platform.
- GalaxyOne Brokerage: Access commission-free trading of more than 2,000 U.S stocks and ETFs in individual brokerage accounts. Retirement accounts (traditional and Roth IRAs) are also available. Fractional share trading is available with a $10 minimum per trade. Clients have the option to earn passive income by lending their eligible stocks through the GalaxyOne Stock Lending program4.
GalaxyOne was originally developed under the name Fierce, which Galaxy acquired in 2024. The platform is led by Zac Prince, Managing Director at Galaxy, alongside the original development team. Fierce's former CEO, Rob Cornish, will continue to support the platform's operations as Chief Technology Officer of Galaxy. GalaxyOne sits alongside GalaxyOne Institutional as part of a unified suite of products, each tailored to client needs, but both built to Galaxy's institutional standards of security, scale, and risk management.
"As technology reshapes how people invest, expectations are clear: more yield, easier access from a single platform, and opportunities that extend beyond traditional boundaries," said Mr. Prince. "GalaxyOne delivers exactly that: a unified opportunity to earn yield on cash, trade crypto, and access U.S. equities, all supported by Galaxy's financial discipline, institutional oversight, and professional team trusted by some of the world's most sophisticated institutions. We have an exciting roadmap ahead and are excited to deliver a differentiated financial experience to our clients. This is just the beginning."
To sign up and learn more about GalaxyOne, please visit: https://one.galaxy.app/sign-up
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