Ripple has submitted a written evidence document to the U.K. parliament discussing the potential benefits of XRP and other cryptocurrencies to the country's economic and financial standing. The document highlights the efforts at communication between Ripple and the U.K. government regarding crypto adoption and acknowledges the U.K.'s existing fintech success, infrastructure, and talent.

Ripple emphasized the importance of a comprehensive regulatory framework for the crypto industry in the U.K. and noted its strategic collaborations with Energy Web and the Rocky Mountain Institute to drive the process of decarbonizing blockchains, beginning with the XRP Ledger.