Robinhood UK Subsidiary Secures FCA Crypto Asset Registration Approval
Robinhood's UK arm joins the FCA's registered crypto asset list, meeting AML standards. This pre-regulatory compliance positions it ahead of the UK's upcoming comprehensive framework launch.
Woofun AI reports that Robinhood’s UK subsidiary was added to the Financial Conduct Authority’s register of crypto asset companies on July 31, confirming compliance with anti-money laundering requirements. Since the registration regime began in 2020, more than 50 entities have been approved, including Ripple, Kraken, and BlackRock. This milestone precedes the introduction of a broader UK crypto regulatory framework, where applications will remain open until late September and close by February next year, with full implementation scheduled for October. Early registrants have effectively completed significant preparatory work for future licensing.
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