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Robinhood BitLicense

Robinhood’s New York BitLicense, from the NYDFS register.

Legal name (NYDFS)
Robinhood Crypto, LLC
Approval
BitLicense + money transmitter license
Approved (as published)
January 24, 2019
Status
Active
Approved activities
buying, selling and storing seven virtual currencies

Robinhood Crypto, LLC is licensed by the New York State Department of Financial Services (NYDFS) as a virtual currency business, approved on January 24, 2019. NYDFS also lists it as a licensed money transmitter.

What NYDFS approved. Buying, selling and storing seven virtual currencies.

Questions

Does Robinhood have a BitLicense?

Yes. NYDFS lists Robinhood Crypto, LLC as holding a virtual currency license, granted January 24, 2019.

What does a BitLicense mean for customers?

A BitLicense is New York’s license for virtual currency business activity with New York residents, such as exchange, custody or transfer services.

Browse all firms in the NYDFS BitLicense list.

Brand
Robinhood
Approved
NYDFS announcement
dfs.ny.gov
Company website
robinhood.com
NYDFS register
dfs.ny.gov
Sources
SourceLink
NYDFS register of virtual currency businesseshttps://www.dfs.ny.gov/virtual_currency_businesses
Approved activities; PR dated January 24, 2019https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1901241

Source: the NYDFS list of regulated virtual currency businesses and NYDFS announcements, linked on each record. NY Presswire is not affiliated with NYDFS; the NYDFS register is the official record.

NY Presswire

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