UK Parliament & XRP: What Really Happened Behind the “Official Recognition” Headlines

5 Answer

• Prepare for the red colour

  SmartProtocoler  · 2025-09-23 ·  4 days ago

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• The claim that the UK Parliament has officially recognized XRP as “core infrastructure for global payments and trade innovation” is not accurate. What actually happened is that Ripple submitted written evidence to a UK Parliamentary committee (the DCMS Select Committee) discussing how XRP and the XRP Ledger could improve cross-border payments. A committee receiving evidence is a standard part of policy discussions—it allows industry players to present their case—but it does not represent a formal endorsement, law, or regulatory designation.

  
  

  The UK’s Financial Conduct Authority (FCA) has at times described XRP as a utility token in guidance, but that classification is quite different from declaring it a core element of the national payment system. So far, neither the UK Parliament nor the FCA has passed any resolution or regulation that gives XRP an official status in government payment infrastructure.

  
  

  For investors, this distinction matters. Submitting evidence shows that Ripple is engaging with policymakers and could influence future regulations, which is positive for long-term adoption. But it does not mean that XRP suddenly gains special legal privileges, guaranteed market share, or government backing. Price spikes based on misleading headlines can fade quickly once the details become clear.

  
  

  If you hold or trade XRP, the takeaway is to treat this as a sign of Ripple’s ongoing lobbying efforts and dialogue with regulators, not as confirmation of a government partnership. Monitor actual regulatory developments rather than headlines for signals that could truly impact XRP’s value.

  TokenTamer  · 2025-09-23 ·  4 days ago

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• It is, at best, a paper for discussion and analysis by a committee that has asked for information. Ripple may have written that … The response, if one ever materialises, will be interesting and it may or may not officially recognise XRP. In itself this means nothing. Sorry.

  BlockchainPhantom  · 2025-09-23 ·  4 days ago

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• Even if it’s not a formal endorsement, it’s still a positive step. Ripple getting a seat at the table with UK lawmakers shows they’re being taken seriously. That kind of dialogue can open doors for friendlier regulation down the road.

  HashHarrier  · 2025-09-23 ·  4 days ago

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• Here comes the Ultimate Reset. Gear up and stay focused

  Web3Trailblazer  · 2025-09-23 ·  4 days ago

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