The US Treasury says Robinhood and BNY will work with the federal government to handle tax-sheltered “Trump Accounts” for children when they launch this summer
The new tax-sheltered savings and investment accounts will start accepting deposits this summer.
Robinhood is expanding aggressively in the UK, releasing low-cost investment products and seeking to launch its prediction market products in the country
Their selfie identification system fails repeatedly. — It's just amazing that such a big company can have such broken software.
Sources: Robinhood plans a blockchain-based platform to let retail investors in Europe trade US securities, and considered partnerships with Arbitrum and Solana
Muyao Shen / Bloomberg :
Robinhood withdraws its plans to offer betting contracts on the Super Bowl, in partnership with online prediction market Kalshi, after pushback from the CFTC
CFTC asked the brokerage to stop offering customer access to contracts, warning they might be illegal blurring of financial markets and gambling
Robinhood CEO Vlad Tenev decries a “regulatory onslaught” and calls US SEC actions “another improper attempt by the administrative state to stifle innovation”
Though Robinhood Crypto thought its “safety-first” approach was distinct, the SEC said that enforcement action is on its way.
Robinhood launches a commission-free crypto trading app, supporting 25+ cryptocurrencies, in the EU, a week after the company launched stock trading in the UK
- More than 25 tokens available to trade for free at launch — Launch comes as Bitcoin's price recovers to 19-month high
Robinhood launches commission-free stock trading in the UK, letting select UK investors trade 6,000+ US-listed stocks, with general availability in early 2024
protected up to $2.25M https://robinhood.com/gb/en All investment involves risk, including loss of principal [video]
Robinhood plans to end support for Solana, Polygon, and Cardano on June 27, following a company review in light of the SEC lawsuits against Coinbase and Binance
The SEC took too long to clamp down on this. … Tweets: Josh / @joshuaogundu : Crypto is getting pummeled https://twitter.com/... Adam Cochran / @adamscochran : This is the unfair chilling effect of re...
Robinhood says it will end support for Solana, Polygon, and Cardano on June 27, following a review in light of the SEC lawsuits against Coinbase and Binance
- Robinhood will no longer support Solana, Polygon or Cardano after June 27, 2023 at 6:59 p.m. ET.
A coalition of crypto companies, including Coinbase, Circle, and Robinhood, announce TRUST, an anti-money laundering platform for securely sharing customer data
Quick Take — A coalition of US crypto firms has created a centralized solution to the information sharing requirements of the travel rule.