Robinhood Wins UK Crypto Registration as New FCA Rules Approach
Rick Robinson secured UK crypto registration for its subsidiary on July 31.
The approval confirms compliance with current anti-money laundering rules and permits cryptocurrency services under the current system.
The FCA introduced registration for crypto firms in 2020, focusing on money laundering and terrorist financing controls.
More than 50 firms are listed, including Ripple, Kraken, BlackRock, and BNY.
Rick Robinson must apply again under the new framework, which takes effect in October 2027.