Robinhood’s UK business is authorized to offer cryptocurrency services after being added to the U.K. Financial Conduct Authority (FCA) register of cryptoasset companies. Multiple reports say Robinhood’s inclusion appears on the FCA’s list of registered cryptoasset firms with an effective date of July 31. One outlet notes that the timing comes ahead of the start of a new U.K. regulatory framework for crypto, describing the registration as notable because it aligns Robinhood with the FCA’s current oversight expectations for crypto-related activities. The reports also point out that Robinhood’s registration was highlighted by media coverage that referenced the FCA’s published list and confirmed that the company has been recognized as a registered cryptoasset firm. No additional details about specific products, trading availability, or timelines for expanding services in the U.K. are provided in the excerpts. Overall, both sources describe the same regulatory development: Robinhood’s UK entity is listed by the FCA as a registered cryptoasset company as of July 31, enabling it to proceed with crypto services under the FCA’s framework.
Robinhood UK is added to FCA’s registered cryptoasset firms list
Robinhood’s UK business is authorized to offer cryptocurrency services after being added to the U.K. Financial Conduct Authority (FCA) register of cryptoasset companies. Multiple reports say Robinhood...
- Robinhood’s UK entity is added to the FCA’s register of registered cryptoasset companies.
- The registration is effective as of July 31.
- The FCA’s list and Robinhood’s inclusion are reported as enabling Robinhood to offer crypto services in the UK.
- One report links the registration’s timing to the lead-up of a new U.K. regulatory regime for crypto.
Robinhood received regulatory permission to begin offering cryptocurrency services in the United Kingdom. The traditional platform has been part of the Financial Conduct Authority’s list of registered cryptoasset companies since July 31. The company’s inclusion by the FCA was flagged in a Monday (Aug. 3) CoinDesk report, which said Robinhood’s new permission has special significance […] The post Robinhood Gets UK’s Permission to Offer Crypto Services appeared first on PYMNTS.com.
1 hour agoRobinhood’s U.K. arm was added to the FCA's list of registered cryptoasset companies as of July 31.
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