Robinhood has secured registration from the UK Financial Conduct Authority (FCA) to offer cryptocurrency services, according to CoinDesk.

The FCA added the company’s UK arm to its cryptoasset register, confirming that it meets the regulator’s AML requirements.

Effective from 31 July, the registration places Robinhood among more than 50 registered cryptoasset firms operating under the UK’s existing cryptoasset framework.

Introduced in 2020, the FCA’s current regime covers companies including crypto firms such as Ripple and Kraken, as well as traditional financial institutions like BlackRock and BNY.

The move comes ahead of the…