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Is Coinbase, Kraken or Robinhood licensed in New Jersey?
What each company's own license page says for New Jersey, with the source and the date we checked. Alphabetical, no rankings.
- Coinbase Licensed
Yes. Coinbase's own license page lists New Jersey Money Transmitter License L067513 (Department of Banking and Insurance). Checked Nov 4, 2026. - Kraken Licensed
Yes. Kraken's own license page lists Payward Interactive, Inc.: New Jersey Money Transmitter License L072460. Checked Nov 4, 2026. - Robinhood Licensed
Yes. Robinhood's own license page lists Robinhood Crypto, LLC: New Jersey Money Transmitter License 1803456-C22 on its license PDF (dated Oct 28, 2025). Checked Nov 4, 2026. - Crypto license required in New Jersey? Depends on the activity. DOBI says a money transmitter license is needed to receive money for transmission or to transmit money within the U.S. or abroad. DOBI's page does not say whether crypto-only activity is covered. A bill for a separate digital asset license (A3454, 2026–2027 session) is introduced and pending; it is not law.
Who's licensed in New Jersey: details
Licensed on company pagePending application pendingNot listed no license listedNot offered doesn't serve state
New Jersey licenses money transmitters under the New Jersey Money Transmitters Act, run by the Department of Banking and Insurance (DOBI). DOBI's license page does not mention virtual currency, and New Jersey has not enacted a separate crypto license.
CoinbaseLicensed
New Jersey Money Transmitter License L067513 (Department of Banking and Insurance). Source · checked Nov 4, 2026
KrakenLicensed
Payward Interactive, Inc.: New Jersey Money Transmitter License L072460. Source · checked Nov 4, 2026
RobinhoodLicensed
Robinhood Crypto, LLC: New Jersey Money Transmitter License 1803456-C22 on its license PDF (dated Oct 28, 2025). Source · checked Nov 4, 2026
Law, regulator, limits & sources
- Law: New Jersey Money Transmitters Act, N.J.S.A. 17:15C-1 et seq. DOBI money transmitter license page A3454 (pending bill, not law)
- Regulator: New Jersey Department of Banking and Insurance (DOBI)
- Crypto license required? Depends on the activity. DOBI says a money transmitter license is needed to receive money for transmission or to transmit money within the U.S. or abroad. DOBI's page does not say whether crypto-only activity is covered. A bill for a separate digital asset license (A3454, 2026–2027 session) is introduced and pending; it is not law.
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: New Jersey is not on Kraken's list of eligible states. Source · Nov 4, 2026
- Robinhood: Staking: Robinhood says staking crypto is currently unavailable in New Jersey. Source · Nov 4, 2026
Not yet verified: License numbers are as listed on each company's own page; they were not cross-checked in NMLS (NMLS Consumer Access blocked our check on Nov 4, 2026). Pending bills (e.g. A3454 digital asset license, S2141 on crypto kiosks) are not law and are not reflected here. Minimum age not verified for any platform.
"Not listed" means the company's own license page did not list a license for New Jersey 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 New Jersey? · Can I use Kraken in New Jersey? · Can I use Robinhood in New Jersey?
Crypto in New Jersey → All states →
Other states: California, Florida, Georgia, Illinois, Massachusetts, Michigan, New York, North Carolina, Ohio, Pennsylvania, Texas.
Coinbase vs Kraken vs Robinhood in New Jersey: side by side →
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