Robinhood secures UK crypto registration ahead of new FCA rules

Crypto and stock trading platform Robinhood has secured UK crypto registration ahead of the country’s new licensing framework. Summary Robinhood has secured FCA registration to offer cryptocurrency services in the United Kingdom. The approval comes before the UK’s new crypto regulatory framework begins rolling out in late 2027. Robinhood had previously said it planned to launch crypto services in the UK after reporting its second quarter results. The company joins more than 50 crypto firms already registered under the FCA’s anti money laundering regime. According to a recent announcement, Robinhood has received approval to offer cryptocurrency services in the United Kingdom after its UK subsidiary was added to the Financial Conduct Authority’s register of cryptoasset firms on July 31. Under the FCA’s existing crypto registration regime, the approval confirms that Robinhood meets the regulator’s anti-money laundering requirements, allowing the company to operate crypto services before the UK’s new regulatory framework begins taking effect. Robinhood gains an early position before new UK rules Since 2020, the FCA has required crypto businesses operating in the UK to register under it...