Aave Labs' subsidiaries, Push Labs Ltd and Push Virtual Assets Ltd, have received approval from the UK's Financial Conduct Authority (FCA) to operate as registered crypto asset service providers. This authorization allows Push to conduct regulated crypto asset and payment-related activities in the UK, including the launch of zero-fee stablecoin deposit and withdrawal products. Additionally, Push has been approved to issue electronic money under e-money regulations, with FCA registration numbers 1031720 and 1031721 assigned to the companies. The firms will adhere to anti-money laundering regulations as per the 2017 Money Laundering and Transfer of Funds Regulations.