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Is Coinbase, Kraken or Robinhood licensed in Florida?
What each company's own license page says for Florida, with the source and the date we checked. Alphabetical, no rankings.
- Coinbase Licensed
Yes. Coinbase's own license page lists Florida Money Transmitters Part II, FT230000152 (Florida Office of Financial Regulation). Checked Nov 4, 2026. - Kraken Licensed
Yes. Kraken's own license page lists Florida Money Service Businesses License FT230000256 (Florida Office of Financial Regulation). Checked Nov 4, 2026. - Robinhood Licensed
Yes. Robinhood's own license page lists Robinhood Crypto, LLC: Florida Money Transmitter License FT230000222 (Florida Office of Financial Regulation) on its license PDF (dated Oct 28, 2025). Checked Nov 4, 2026. - Crypto license required in Florida? Yes. Per s. 560.103 and s. 560.125, a money transmitter that receives virtual currency to transmit it needs an OFR license unless exempt. Whether a given crypto activity counts as transmission depends on the facts.
Who's licensed in Florida: details
Licensed on company pagePending application pendingNot listed no license listedNot offered doesn't serve state
Florida licenses money services businesses under Chapter 560, Florida Statutes. Its definition of money transmitter covers receiving virtual currency to transmit it, and a person may not run a money services business in Florida unless licensed or exempt.
CoinbaseLicensed
Florida Money Transmitters Part II, FT230000152 (Florida Office of Financial Regulation). Source · checked Nov 4, 2026
KrakenLicensed
Florida Money Service Businesses License FT230000256 (Florida Office of Financial Regulation). Source · checked Nov 4, 2026
RobinhoodLicensed
Robinhood Crypto, LLC: Florida Money Transmitter License FT230000222 (Florida Office of Financial Regulation) on its license PDF (dated Oct 28, 2025). Source · checked Nov 4, 2026
Law, regulator, limits & sources
- Law: Chapter 560, Florida Statutes (Money Services Businesses): s. 560.103 definitions incl. 'virtual currency' and 'money transmitter'; s. 560.125 unlicensed activity s. 560.103 s. 560.125
- Regulator: Florida Office of Financial Regulation (OFR)
- Crypto license required? Yes. Per s. 560.103 and s. 560.125, a money transmitter that receives virtual currency to transmit it needs an OFR license unless exempt. Whether a given crypto activity counts as transmission depends on the facts.
Sign-up gates and product limits (only where a company or regulator states them):
- Kraken: Kraken does not serve Maine or New York residents. If you moved here from one of those states, Kraken asks for a Proof of Residence document for your new address. Source · Nov 4, 2026
- Kraken: Onchain staking: Florida is on Kraken's list of eligible states. Source · Nov 4, 2026
Not yet verified: License numbers are as listed on each company's own page; they were not cross-checked in the OFR license search. Florida's new crypto kiosk law (ch. 2026-178) sets daily kiosk limits from Jan 1, 2027; see the Florida crypto ATM page. Minimum age not verified for any platform.
"Not listed" means the company's own license page did not list a license for Florida on the date shown. It does not mean the company is operating without authorization (it may rely on an exemption, a pending application, another affiliate, or no license may be required). Platforms are alphabetical; this is not a ranking. Informational, not legal advice.
Can I use Coinbase in Florida? · Can I use Kraken in Florida? · Can I use Robinhood in Florida?
Crypto in Florida → All states →
Other states: California, Georgia, Illinois, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Texas.
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