Home / Who's licensed where / Ohio
Is Coinbase, Kraken or Robinhood licensed in Ohio?
What each company's own license page says for Ohio, with the source and the date we checked. Alphabetical, no rankings.
- Coinbase Licensed
Yes. Coinbase's own license page lists Ohio Money Transmitter License OHMT 104. Also on DFI's list of licensed money transmitters (current as of Oct 23, 2026). Checked Nov 2, 2026. - Kraken Licensed
Yes. Kraken's own license page lists Payward Interactive, Inc.: Ohio Money Transmitter License OHMT186 on Kraken's disclosures. Also on DFI's list of licensed money transmitters as OHMT 186 (current as of Oct 23, 2026). Checked Nov 2, 2026. - Robinhood Licensed
Yes. Robinhood's own license page lists Robinhood Crypto, LLC: Ohio Money Transmitter License OHMT 144. Also on DFI's list of licensed money transmitters (current as of Oct 23, 2026). Checked Nov 2, 2026. - Crypto license required in Ohio? Yes. Per DFI Interpretive Guidance 2022-01 (not a separate crypto statute): crypto counts as money or its equivalent under the Money Transmitters Act.
Who's licensed in Ohio: details
Licensed on company pagePending application pendingNot listed no license listedNot offered doesn't serve state
Ohio's Money Transmitters Act requires a license to transmit money or its equivalent. The Division of Financial Institutions treats cryptocurrency as money or its equivalent, so most exchanges, hosted wallets and crypto kiosks need an Ohio money transmitter license.
CoinbaseLicensed
Ohio Money Transmitter License OHMT 104. Also on DFI's list of licensed money transmitters (current as of Oct 23, 2026). Source · checked Nov 2, 2026
KrakenLicensed
Payward Interactive, Inc.: Ohio Money Transmitter License OHMT186 on Kraken's disclosures. Also on DFI's list of licensed money transmitters as OHMT 186 (current as of Oct 23, 2026). Source · checked Nov 2, 2026
RobinhoodLicensed
Robinhood Crypto, LLC: Ohio Money Transmitter License OHMT 144. Also on DFI's list of licensed money transmitters (current as of Oct 23, 2026). Source · checked Nov 2, 2026
Law, regulator, limits & sources
- Law: Ohio Money Transmitters Act, R.C. 1315.01(G) and 1315.02; DFI Interpretive Guidance 2022-01 R.C. 1315.01 R.C. 1315.02 DFI guidance 2022-01
- Regulator: Ohio Department of Commerce, Division of Financial Institutions (DFI)
- Crypto license required? Yes. Per DFI Interpretive Guidance 2022-01 (not a separate crypto statute): crypto counts as money or its equivalent under the Money Transmitters Act.
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 3, 2026
- Kraken: Onchain staking: Ohio is on Kraken's list of eligible states. Source · Nov 2, 2026
Not yet verified: Pending bills (e.g. HB 648 on digital asset 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 Ohio 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 Ohio? · Can I use Kraken in Ohio? · Can I use Robinhood in Ohio?
Other states: California, Florida, Georgia, Illinois, Massachusetts, Michigan, New Jersey, New York, North Carolina, Pennsylvania, Texas.
Coinbase vs Kraken vs Robinhood in Ohio: side by side →
Get a weekly email when apps change where they work
One short note when an exchange enters or leaves a state. Free, unsubscribe anytime.
Subscribe free →