Home/News/Robinhood wins UK crypto registration before new regulatory regime kicks off

Robinhood wins UK crypto registration before new regulatory regime kicks off

CoinDeskPublished on 4 days ago

Robinhood’s U.K. arm was added to the FCA's list of registered cryptoasset companies as of July 31.

Robinhood’s U.K. arm was added to the FCA's list of registered cryptoasset companies as of July 31.

Robinhood is now registered to offer cryptocurrency services in the U.K. An existing registration with the FCA means the company meets the regulator’s requirements where it comes to anti-money laundering. Winning permission to offer crypto services has added significance ahead of the inception of the more comprehensive framework for crypto regulation, which comes into force in October 2027.

Crypto-friendly trading platform Robinhood (HOOD) is now registered to offer cryptocurrency services in the U.K.

Robinhood’s U.K. arm was added to the Financial Conduct Authority’s (FCA) list of registered cryptoasset companies as of July 31.

The company’s existing FCA registration means it meets the regulator’s requirements where it comes to anti-money laundering (AML). A regime for crypto firms has been in effect since 2020 and now numbers over 50 approved companies, including Ripple, Kraken and traditional finance (TradFi) giants like BlackRock and BNY.

Winning the regulator’s permission to offer crypto services has added significance ahead of the inception of the more comprehensive framework for crypto regulation in the U.K. The authorization process opens at the end of September and closes at the end of February next year, ahead of the full regime coming into force in October.

The relatively brief window for companies to register and obtain full regulatory approval means those firms already registered under the FCA’s existing regime may have done a lot of the heavy lifting in advance.

1Live updates: Traders say bitcoin sell-off from $65,000 points to thin volume, not panic selling10 minutes ago 2The bitcoin futures yield collapse: Once over 20%, now less than Treasury notes26 minutes ago 3Coldcard wallet losses may near $114 million as possible fourth sweep emerges1 hour ago 4U.S. Jobs, Circle, Galaxy, American Bitcoin earnings: Crypto Week Ahead2 hours ago 5Bitcoin slips under $63,000 despite Iran deal hopes as Coldcard losses rattle market4 hours ago 6Trump Media’s bitcoin stash may be down to loan collateral after $165 million BTC move4 hours ago 7Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average5 hours ago 8Counting down the days: State of Crypto 16 hours ago 9Why a DeFi platform ditched its consumer app to become the secret backend for tech giants17 hours ago 10The future of crypto payments won't include on-ramps or bridges, Fun CEO says18 hours ago

The Evolution of the Crypto CEX Landscape: A Case Study on Binance

Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.

Why it matters:

Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.

Counting down the days: State of Crypto

SEC to review Nasdaq bitcoin options approval after CME challenge

Circle secures New York trust charter as crypto regulatory push accelerates

View original →Visit source ← Back to List