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Is Coinbase, Kraken or Robinhood licensed in New York?

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

  • Coinbase Licensed
    Yes. Coinbase's own license page lists Virtual Currency and Money Transmitter Licenses (DFS list, granted 2017-01). Company page: MT 103755 and VC license 122466. Checked Oct 30, 2026.
  • Kraken Not offered
    Kraken says it does not serve New York. Kraken says it does not offer services to residents of New York. Checked Oct 30, 2026.
  • Robinhood Licensed
    Yes. Robinhood's own license page lists Virtual Currency and Money Transmitter Licenses (DFS list, granted 2019-01). Company PDF: MT104190 and VC license 0000012. Checked Oct 30, 2026.
  • Crypto license required in New York? Yes. DFS: 'No Person shall, without a license ... engage in any Virtual Currency Business Activity.' (23 NYCRR 200.3(a))
Checked Oct 30, 2026 · official and company sources linked below

Who's licensed in New York: details

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

BitLicense: virtual currency business activity involving New York or New York residents needs a DFS BitLicense (or a DFS trust charter); moving dollars also needs a money transmitter license.

  • CoinbaseLicensed

    Virtual Currency and Money Transmitter Licenses (DFS list, granted 2017-01). Company page: MT 103755 and VC license 122466. Source · checked Oct 30, 2026

  • KrakenNot offered

    Kraken says it does not offer services to residents of New York. Source · checked Oct 30, 2026

  • RobinhoodLicensed

    Virtual Currency and Money Transmitter Licenses (DFS list, granted 2019-01). Company PDF: MT104190 and VC license 0000012. Source · checked Oct 30, 2026

Law, regulator, limits & sources
  • Law: 23 NYCRR Part 200 (BitLicense); NY Banking Law Article 13-B (money transmission)
  • Regulator: New York State Department of Financial Services (DFS)
  • Crypto license required? Yes. DFS: 'No Person shall, without a license ... engage in any Virtual Currency Business Activity.' (23 NYCRR 200.3(a))

Sign-up gates and product limits (only where a company or regulator states them):

  • Robinhood: Some assets are marked 'not available for trading in New York'. Source · Oct 30, 2026
  • All platforms: DFS: licensees may list only DFS-approved, self-certified or Greenlisted coins. Source · Oct 30, 2026

Not yet verified: Minimum age not verified for any platform.

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

Crypto in New York → All states →

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

Coinbase vs Kraken vs Robinhood in New York: side by side →

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