Robinhood U.K. Ltd has obtained cryptoasset registration from the UK Financial Conduct Authority, giving the company clearance to provide crypto services under the country’s current anti-money laundering framework.
The registration puts Robinhood on the FCA’s list of registered cryptoasset firms at a time when the UK is preparing to replace the interim system with a broader crypto regime. For now, the approval gives the company a formal operating base for digital asset activities in the market.
FCA registration adds crypto permissions
Robinhood U.K. Ltd is now listed as MLRs Registered by the FCA. The London-based entity had already been authorized by the regulator since August 2019 for other investment activities, and the new status extends its ability to operate certain cryptoasset services as a business in the UK under the existing AML and counter-terrorist financing rules.
Under the current framework, cryptoasset firms must register with the FCA before beginning operations. The registration can cover activities defined in the money laundering regulations, including acting as a cryptoasset exchange provider or a custodian wallet provider.
Approval comes as Robinhood prepares UK crypto offering
The FCA approval arrives after Robinhood said in early July 2026 that it would soon make crypto trading available to UK users through its all-in-one investing platform. That would add digital assets to the company’s existing UK lineup, which already includes U.S.-listed stocks, ADRs, options, futures, margin and ISAs.
Robinhood also owns Bitstamp, which already holds FCA cryptoasset registration and serves customers in the UK. The new registration for Robinhood’s own UK entity gives the group another regulated channel for crypto activity in the market.
UK regime is set to change in 2027
The registration has been granted under the UK’s current anti-money laundering regime, but that system is due to be replaced. The next framework will be introduced under the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026.
Applications under the new regime are scheduled to open in September 2027, with the rules due to take effect on Oct. 25, 2027. Firms that are currently registered under the money laundering rules will not be moved across automatically and will need to submit a fresh application.
What the milestone means next
For Robinhood, the approval provides a near-term foothold in the UK crypto market while the broader regulatory transition is still ahead. It also comes as the company has reported weaker crypto revenue, which fell to about $100 million in the second quarter.
The next confirmed step is the UK’s move toward the 2027 regime. Until then, Robinhood can operate under the present FCA registration, but like other firms on the current register, it will have to apply again when the new crypto framework opens.
Source: Coin Edition