New York financial regulator fines Robinhood's crypto division $30M

New York financial regulator fines Robinhood's crypto division $30M
фото показано с : cointelegraph.com

2022-8-3 17:27

“As its business grew, Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a culture of compliance,” said superintendent Adrienne Harris.

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Robinhood Cites Regulatory Actions or Policies Towards Crypto as Business Risk in Filing

The firm said crypto trades made up a 41% share of its revenue in the Q2, and it was a “record period” for crypto trading on Robinhood but warned that level “may not occur in the future.” The post Robinhood Cites Regulatory Actions or Policies Towards Crypto as Business Risk in Filing first appeared on BitcoinExchangeGuide.

2021-10-10 17:13


Investment App Robinhood, Which Recently Opened Up Crypto Investing to Users, in Talks With US Officials to Obtain Banking License

According to sources obtained by Bloomberg. com, personal investment app start-up Robinhood (which allows crypto investments also) has begun discussions around obtaining a banking license from the US Office of the Comptroller of the Currency (OCC), which would allow the Menlo Park company to expand its offering to customers significantly.

2018-6-23 14:23