- Aave’s UK subsidiaries Push Labs Limited and Push Virtual Assets Limited secured FCA crypto registration.
- The approval creates a dual regulatory structure combining crypto exchange and EMI authorization in the UK.
- Push will launch zero-fee pound-to-stablecoin on-ramps and off-ramps for UK users.
Aave Labs has won two licenses in the UK, a significant milestone for its journey to mainstream crypto payments.
The UK Financial Conduct Authority (FCA) officially registered two leading local cryptoasset exchange providers.
As a strategic step, this allows the company to connect traditional finance with digital assets with fully compliant payment systems.
FCA Approves Two UK Subsidiaries of Aave Labs
Specifically, the financial regulator approved Push Labs Limited and Push Virtual Assets Limited in accordance with strict local guidelines.
The two operating units secured official registration numbers 1031720 and 1031721 to provide authorized digital asset exchange services.
Aave Labs’ UK subsidiaries Push Labs Ltd. and Push Virtual Assets Ltd. (together “Push”) have received approval from the UK’s Financial Conduct Authority (FCA) to register as a cryptoasset exchange provider in the UK. pic.twitter.com/NcoueHDmeS
— Aave (@aave) May 28, 2026
As a result, the new licenses enable the entities to function legally in the competitive British financial market.
Furthermore, this newly obtained status establishes full compliance with the country’s stringent 2017 anti-money laundering frameworks.
The rules cover the risks from money laundering, terrorist financing and illicit transfer of funds in digital asset operations.
As such, the company has met the key compliance requirements expected by domestic institutional investors.
These regulatory clearances address significant compliance issues facing corporate users looking to enable safe on-chain financial transactions.
The authorized units are now capable of safely processing digital assets while at the same time providing the utmost transparency to the local bank partners.
Aave Labs Builds Dual-Permissioned Crypto Framework
Notably, this is the first FCA registration for the firm, based on its current Electronic Money Institution (EMI) licence.
By combining these separate approvals, the company creates an innovative, dual-permissioned regulatory framework in the United Kingdom.
Meanwhile, this dual setup gives the operating units a massive competitive advantage over traditional Web3 entities.
To support fiat conversions and custody operations, most fintech companies need a third-party banking partner.
This integrated solution, on the other hand, enables the team to manage the entire transaction lifecycle from within.
The dual-permissioned system thus enables the provision of highly efficient, fee-free stablecoin on- and off-ramps.
Strategic UK and European Expansion
Besides strengthening its British presence, Aave Labs continues to scale its broader European market expansion strategy rapidly.
This British success comes after a pivotal authorization of a crypto-asset service provider in Ireland in November 2025.
The previous one was subject to the European Union’s global Markets in Crypto-Assets Regulation.
So the business now has strong, legitimate operational structures in both the UK and the EEA markets.
These are the two areas that are the most profitable and heavily regulated markets for digital asset adoption across the world.
As a result, the engineering teams are able to create and market standardized institutional products in several European countries.
With those licenses, Aave Labs is now reshaping how users interact with decentralized networks and even payment tools that feel more practical than before, in a straightforward way.