Robinhood Secures UK Crypto Registration Ahead of New FCA Regime

Robinhood Secures UK Crypto Registration Ahead of New FCA Regime

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Robinhood Secures UK Crypto Registration Ahead of New FCA Regime
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  • Robinhood’s U.K. entity has secured Financial Conduct Authority (FCA) cryptoasset registration.
  • The registration confirms the company’s compliance with the UK’s anti-money laundering requirements.
  • Approval precedes the new regulatory regime, with applications opening in September 2027. 

Robinhood’s UK entity secured cryptoasset registration from the Financial Conduct Authority (FCA), allowing the company to offer cryptocurrency services under the country’s existing anti-money laundering (AML) rules. The approval comes ahead of the UK’s new crypto regulatory regime, positioning Robinhood to expand its digital asset business in the market. 

Robinhood Wins FCA Cryptoasset Registration in the UK

Robinhood U.K. Ltd has been added to the FCA’s list of registered cryptoasset firms. The firm, already authorized by the FCA since August 2019 for other investment activities and based at 70 St. Mary Axe, Suite 404, London EC3A 8BE, is now listed as MLRs Registered. 

This registration allows it to offer certain cryptoasset services as a business in the UK under the current anti-money laundering and counter-terrorist financing framework. These services typically cover activities such as acting as a cryptoasset exchange provider or custodian wallet provider as defined in the MLRs.

Why the Registration Matters Under Current Rules

Currently, under the framework introduced in January 2020, companies that provide certain cryptoasset services in the UK must register with the Financial Conduct Authority (FCA) before starting operations. This requirement is set out under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs). 

Meanwhile, the registration gives Robinhood an operational foothold under the current interim framework. In early July 2026, the company stated that it would soon be offering crypto trading to UK users on its all-in-one investing platform. 

The service would complement Robinhood’s existing UK offering of U.S.-listed stocks and ADRs, options, futures, margin, and Stocks and Shares ISAs. The firm also owns Bitstamp, which already has FCA cryptoasset registration and already serves customers in the UK.

What’s Next for UK Crypto Regulation and Robinhood?

The UK’s existing MLR-based registration system is in a transitional arrangement. A more comprehensive regulatory framework for cryptoassets will take effect on Oct. 25, 2027, with applications opening in September 2027 under the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026. The existing MLR registrations will not be automatically converted, but firms must apply under the new regime.

For Robinhood, the approval is a positive development, especially as the company recently reported a decline in crypto revenue. In its second-quarter earnings results, Robinhood reported that its crypto revenue fell to $100 million. In addition, the registration also places Robinhood among over 50 other FCA-regulated cryptocurrency companies in the UK, including Kraken and Ripple, signaling the steady growth of regulated digital asset firms in the market. 

A U.K.-regulated presence could support the company’s international crypto operations and future growth. At press time, Robinhood’s stock (NASDAQ: HOOD) was trading at $87.23, up 0.77% in premarket trading, as investors reacted to the regulatory milestone.

Related: FCA Targets 2026 for UK Crypto Regulation as 7 Million Users Drive

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