August 8, 2019 The Financial Conduct Authority has granted Robinhood, a popular investment platform for stocks, ETFs, and crypto, a broker license in the UK.

This marks the expansion of Robinhood’s popular retail-focused mobile crypto investing features, which offers lower trading fees than Coinbase (0 vs 1-4%). Robinhood facilitates investment and speculation in crypto, though not use, since assets cannot be withdrawn.