Aave Labs’ Push gains UK FCA crypto registration

CoinTelegraph4h agoUpdated 3h ago
Aave Labs’ Push gains UK FCA crypto registration
Smart Read

Aave Labs' Push subsidiary received UK FCA registration for cryptoasset exchange activities, enabling regulated stablecoin on- and off-ramping services. The approval supports Push's zero-fee euro-to-stablecoin conversion platform, currently operating in Ireland and expanding across Europe. This positions Aave, the largest DeFi protocol with $13.6 billion TVL, ahead of upcoming comprehensive UK crypto regulation effective October 2027.

Coins in this story

Part of narrative
RWA

Explore how RWA is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.

Explore narrative

Related stories

Bitcoin bids farewell to CME futures gaps with $67K still on the radar
CoinTelegraph4h ago60-word brief

Bitcoin bids farewell to CME futures gaps with $67K still on the radar

Bitcoin approached the final week of CME futures gaps with several still open, providing potential BTC price targets as low as $67,000....

Bit Digital bought $20 million ETH for first time since October before 15% plunge
CoinDesk4h ago60-word brief

Bit Digital bought $20 million ETH for first time since October before 15% plunge

Bit Digital purchased 8,568 ETH ($20 million) on May 11, marking its first ethereum buy since October. ETH subsequently plunged 15% below $2,000, leaving the acquisition underwater by approximately $3 million. The move reflects bullish sentiment despite broader market turbulence, as most treasury firms have halted crypto accumulation amid volatile conditions and declining asset valuations.

What's next as hot money cycle has gone from crypto to gold to AI to memory
CoinDesk4h ago60-word brief

What's next as hot money cycle has gone from crypto to gold to AI to memory

Bitcoin's 650% rally from late 2022 to October 2025 has faded as hot money rotates toward memory chips and semiconductors. Gold and AI equities followed similar boom-bust cycles. Upcoming SpaceX, OpenAI, and Anthropic IPOs could become next speculative targets, potentially sidelining crypto from bull runs longer than expected. Indian investors should monitor sector rotation trends.

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.