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Push by Aave Labs Receives FCA Approval to Operate Crypto Services in the UK

Aave Labs’ UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., have received approval from the UK Financial Conduct Authority (FCA) to register as cryptoasset exchange providers. The approval allows the group to operate a regulated crypto and payments infrastructure in the UK.

Push is now authorized to carry out cryptoasset activities and issue electronic money under the FCA’s Electronic Money Regulations. The registrations also cover anti-money laundering requirements tied to cryptoasset services.

The company said regulated access is key to expanding its services and supporting the next wave of users entering digital assets.

What the new licences allow the company to do

With FCA approval, Push can operate as a regulated crypto exchange provider in the UK. It can also issue electronic money, which supports payments and stablecoin-related services within its platform.

The permissions enable Push to build regulated on and off-ramp systems, allowing users to move between fiat currency and crypto assets in a compliant way.

The licences apply to Push Labs Ltd. and Push Virtual Assets Ltd., both now listed under FCA registration for cryptoasset services and AML compliance.

Regulated stablecoin access and payments growth

Aave Labs said regulated stablecoin on- and off-ramps are important for bringing more users into digital assets, especially as demand grows for simple, safe access points.

The company is focused on building products that make it easier for users to move money between traditional banking and crypto systems. This includes reducing delays, lowering costs, and removing extra steps that often make crypto harder to use.

By working within UK regulatory rules, Aave Labs aims to create a more trusted environment for users and businesses. The goal is to make crypto feel closer to normal financial services, rather than a separate or complex system.

These approvals also help Aave Labs expand its long-term plan to support wider crypto adoption. With clearer rules in place, the company can build services that connect stablecoins, payments, and lending in a more direct and compliant way. Overall, the update strengthens Aave Labs’ position as it continues to build tools to bring more everyday users into digital finance through regulated channels. 

Aave has officially gone live on the Solana blockchain through an integration powered by Sunrise. The deployment allows Solana users to supply assets to earn interest or borrow against collateral, marking a significant expansion of Aave’s multi-chain footprint into one of the industry’s most active Layer-1 ecosystems.

 

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