Aave Labs’ two new crypto licenses officially approved in the UK

Aave Labs’ UK subsidiaries Push Labs Limited and Push Virtual Assets Limited have received official approval as a crypto asset exchange from the country’s financial regulator, the Financial Conduct Authority (FCA). These two companies received FCA registration numbers 1031720 and 1031721 respectively to operate with full compliance.

Double approval and compliance process from FCA

With these licenses granted by the FCA, Aave Labs subsidiaries will now be able to legally offer digital asset exchange services in the UK. The company fully meets the FCA’s strict anti-money laundering rules, which came into force in 2017, and has the opportunity to make safe transactions and ensure transparency in the financial market.

According to the rules, risks such as money laundering, terrorist financing and illegal transfers are taken into account. Aave Labs’ subsidiaries have successfully fulfilled both legal and technical requirements in these areas.

Aave Labs’ two UK-based companies will now be able to operate legally as crypto asset exchanges in the country with the approval they received from the FCA.

After official approval, the company was organized to allow corporate users to make legal and secure financial transactions on blockchain. It will also be able to provide high transparency in cooperation with local banks.

A new system with dual authority: Crypto and EMI

The structure created by Aave Labs in the UK with these two separate registration moves combines the electronic money institution (EMI) license and the crypto asset exchange license. The model, which is one of the first examples of this type in the industry, fully allows both fast money entry and exit with fiat currencies (e.g. British pound) and crypto asset transactions.

Thanks to this structure, the company can manage all transaction processes directly under its own roof, without the need for an external intermediary bank or financial institution. It is planned to offer a zero-commission stablecoin entry and exit service, especially for British users.

Mini dictionary: Electronic Money Institutions (EMI) are licensed financial institutions in Europe and the UK that can provide payment and transfer services by issuing digital currencies.

This dual-authorization system allows the company to step forward from its competitors and gain an advantage among Web3 projects in the UK.

Growth and strategic steps in Europe

In addition to this strong move in the UK market, Aave Labs continues its rapid growth throughout Europe. With the cryptoasset service provider authorization obtained in Ireland in November 2025, the company gained legal presence in two key markets in both the UK and the European Economic Area (EEA).

The license in Ireland was obtained subject to the European Union’s Crypto Asset Markets (MiCA) regulations. Thus, the company is strongly positioned not only in the UK but also in heavily regulated and profitable markets.

Thanks to these licenses, Aave Labs has been able to develop standard enterprise products and services for several European countries. Users will have access to more practical and secure decentralized payment tools.