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Is Coinbase, Kraken or Robinhood licensed in Massachusetts?

What each company's own license page says for Massachusetts, with the source and the date we checked. Alphabetical, no rankings.

  • Coinbase Not listed
    Not listed. No Massachusetts license on Coinbase's license page as of Nov 4, 2026. That does not mean Coinbase operates without authorization; it may rely on an exemption or an affiliate, or no license may be needed.
  • Kraken Not listed
    Not listed. No Massachusetts license on Kraken's disclosures as of Nov 4, 2026. That does not mean Kraken operates without authorization; it may rely on an exemption or an affiliate, or no license may be needed.
  • Robinhood Not listed
    Not listed. No Massachusetts license on Robinhood Crypto's license PDF (dated Oct 28, 2025) as of Nov 4, 2026. That does not mean Robinhood operates without authorization; it may rely on an exemption or an affiliate, or no license may be needed.
  • Crypto license required in Massachusetts? Unknown (not confirmed). We have not confirmed from the Division of Banks whether buying and selling crypto for customers requires a license.
Checked Oct 30, 2026 · official and company sources linked below

Who's licensed in Massachusetts: details

Licensed on company pagePending application pendingNot listed no license listedNot offered doesn't serve state

Money service businesses are supervised by the Massachusetts Division of Banks.

  • CoinbaseNot listed

    No Massachusetts license on Coinbase's license page as of Nov 4, 2026. Source · checked Nov 4, 2026

  • KrakenNot listed

    No Massachusetts license on Kraken's disclosures as of Nov 4, 2026. Source · checked Nov 4, 2026

  • RobinhoodNot listed

    No Massachusetts license on Robinhood Crypto's license PDF (dated Oct 28, 2025) as of Nov 4, 2026. Source · checked Nov 4, 2026

Law, regulator, limits & sources
  • Law: unknown (not confirmed from the regulator today)
  • Regulator: Massachusetts Division of Banks
  • Crypto license required? Unknown — not confirmed. We have not confirmed from the Division of Banks whether buying and selling crypto for customers requires a license.

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: Krak (Kraken's payments app): fiat transfers are not available in Massachusetts. Onchain staking: Massachusetts is on Kraken's list of eligible states. Source · Nov 3, 2026

Not yet verified: Massachusetts licensing requirement for crypto not confirmed. Minimum age not verified for any platform.

"Not listed" means the company's own license page did not list a license for Massachusetts 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 Massachusetts? · Can I use Kraken in Massachusetts? · Can I use Robinhood in Massachusetts?

Crypto in Massachusetts → All states →

Other states: California, Florida, Georgia, Illinois, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Texas.

Coinbase vs Kraken vs Robinhood in Massachusetts: side by side →

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