Retail investing platform Robinhood has agreed to a $200 million acquisition of European crypto exchange Bitstamp as it seeks to expand its operations to international markets and serve institutional customers. The company disclosed this move in a press release and social media post on June 6. It stated that this ...
Robinhood’s stock plummeted about 2.5% during the pre-market trading on Monday, May 6, after it was revealed that it received a Wells Notice from the United States Securities and Exchange Commission (SEC) on Saturday, May 4. The Notice was sent to Robinhood in relation to an alleged violation of Sections ...
Robinhood is taking proactive measures in response to recent actions by the U.S. Securities and Exchange Commission (SEC) against Binance and Coinbase. The popular retail brokerage platform is reportedly investigating its cryptocurrency services and carefully reviewing the regulator's stance to determine its course of action. The SEC's recent legal action ...
