Aave Labs just checked another regulatory box, and this one matters. Its two UK subsidiaries, Push Labs Limited and Push Virtual Assets Limited, have secured registration with the Financial Conduct Authority as cryptoasset exchange providers.
The registrations, numbered 1031720 and 1031721 respectively, mean these entities can now operate under UK anti-money laundering regulations.
What the registrations actually unlock
Both Push Labs Limited and Push Virtual Assets Limited already hold Electronic Money Institution authorization under the UK’s Electronic Money Regulations 2011, operating under firm reference number 900984. In English: they were already licensed to handle electronic money. Now they can layer crypto exchange services on top.
That dual authorization structure creates a foundation for offering regulated cryptoasset services across the UK, with the headline feature being zero-fee stablecoin on- and off-ramping.
