What Bank of England Knows about Ripple and XRP

Jul 26 2025 crypto


Crypto enthusiast Satoshi Scope has drawn attention to the divergent approaches taken by the United States and the United Kingdom toward Ripple and the digital asset XRP. In a recent thread titled “The XRP Bank of England Conspiracy: Was Ripple Always Crown-Approved?”, Satoshi Scope contrasts Ripple’s legal challenges in the U.S. with what he describes as strategic integration into the UK’s central banking initiatives. The thread opens with a direct juxtaposition: while the United States pursued a lawsuit against Ripple, the United Kingdom gave it what he described as “a seat at the table.” Scope revisits a lesser-known event from 2017, when the Bank of England conducted a technical trial of Ripple’s payment solution, RippleNet, as part of its research into modernizing the real-time gross settlement (RTGS). This was a period before central bank digital currencies (CBDCs ) were widely discussed, and according to Scope, the UK’s early interest in Ripple was motivated by its ambition to build a financial system beyond the SWIFT messaging network. THREAD: The $XRP Bank of England Conspiracy: Was Ripple Always Crown-Approved? The U.S. sued Ripple. The UK gave it a seat at the table. What does the Bank of England know about XRP… that they’re not telling you? Open Thread pic.twitter.com/2fELLgDO1I — Satoshi Scope (@scopesatoshi) July 24, 2025 RippleNet and the UK’s RTGS Trials Satoshi Scope argues that the Bank of England’s engagement with Ripple was not a generic pilot but a deliberate evaluation of RippleNet’s ability to facilitate high-speed, transparent, and liquid settlement systems. He points out that while U.S. regulators began treating Ripple with suspicion and launched enforcement actions via the Securities and Exchange Commission (SEC), the Bank of England was moving in the opposite direction, reportedly building its future system on similar principles enabled by Ripple’s technology. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 He continues by referencing Ripple’s entry into the Digital Pound Foundation in 2021. According to Scope, this membership signified an elevated role for Ripple in helping shape the digital version of the British pound. He notes that the Foundation includes influential members such as the CGI Group, Accenture, Quant, and Avalanche—firms with key roles in designing or deploying digital financial infrastructure in the UK. Timeline and Theory Proposed by Satoshi Scope Satoshi Scope lays out a timeline of events he believes support his position. In 2017, the Bank of England conducted RTGS tests with RippleNet. By 2021, Ripple had joined the advisory group working on the digital pound . And by 2023, Ripple was involved in CBDC pilots with several sovereign nations, including Palau, Bhutan, and Montenegro. Despite these developments, XRP remains under regulatory pressure in the United States. According to Scope, this contradiction is not a matter of policy uncertainty, but one of geopolitical strategy. He concludes that what is being presented as regulatory oversight is, in his view, territorial financial control. He claims that while U.S. institutions sidelined XRP, UK institutions began embedding it in their future financial architecture. He adds that Ripple’s work may have played a foundational role in Britain’s post-SWIFT planning and the architecture of a central bank-backed digital currency. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post What Bank of England Knows about Ripple and XRP appeared first on Times Tabloid .



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