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The cryptocurrency unit of the American financial services company Robinhood is now in the clear as the Securities and Exchange Commission (SEC) has closed its investigation into the business. According…
The regulator initiated 125 cryptocurrency-related enforcement actions totaling more than $6 billion in penalties under former Chairman Gary Gensler. U.S. Regulator Abandons Robinhood Crypto Probe Robinhood Crypto (RHC), a division…
Robinhood plans to launch crypto trading services in Singapore by late 2025, through its Bitstamp acquisition, marking a strategic expansion into Asia’s digital asset hub. The move aligns with Singapore’s…
Robinhood Markets saw its revenue more than double in the fourth quarter of 2024. This was fueled by a surge in cryptocurrency trading owing to the favorable US presidential election.…
Robinhood posted record-breaking Q4 revenue of $1.01 billion, driven by a 500% surge in cryptocurrency transaction fees. Crypto trading revenue hit $358 million, marking the company’s strongest quarter yet in…
Robinhood Derivatives announced that the Commodity Futures Trading Commission (CFTC) has requested it “not permit customers to access” sports event contracts. In response, Robinhood is suspending the rollout of its…
Crypto.com and Kalshi are under scrutiny from the Commodity Futures Trading Commission, which has asked both firms to clarify how their recent Super Bowl event contracts meet derivatives compliance requirements.…
Forbes has released its third annual “Best Crypto Exchange” ranking, evaluating over 200 firms based on security, trading volume, fees, regulatory compliance, and transparency. CME Group, Coinbase, and Bitstamp emerged…
The stablecoin market has experienced remarkable growth in 2024, driven by rising cryptocurrency adoption and a surge in institutional participation. All eyes are now on Ripple’s newly approved stablecoin, Ripple…
The cryptocurrency arm of the American financial services company Robinhood has released its end-of-the-year report for 2024, outlining its growth and expansion to new markets over the past 11 months.…