* Our Parent Company Crypto Token is LIVE!!! *Flag Token

SEC issues subpoena to Robinhood, investigates its cryptocurrency listings – The Ticker


Share post:

The U.S. Securities and Exchange Commission issued a subpoena related to Robinhood Markets Inc.’s cryptocurrency listings.

The brokerage platform revealed in its most recent annual report that it received the investigative order from the SEC regarding the business’s digital assets, cryptocurrency listings, custody and platform operations.

The subpoena was aimed toward the supported currencies at Robinhood Crypto, a subsidiary of the brokerage, as well as its custody of cryptocurrencies and other platform operations. Robinhood currently supports 18 cryptocurrencies on its trading platform, including bitcoin, ethereum and “meme coins” such as Dogecoin.

The SEC’s move is part of a larger initiative against the entire digital asset industry. This came following the bankruptcy filings of major cryptocurrency trading venues including Three Arrows Capital, Voyager Digital Holdings Inc. and Celsius Network in July 2022 plus FTX in November 2022.

The SEC’s subpoena to Robinhood came after the company received a $30 million fine from the New York State Department of Financial…

Read more…


Related articles

Common Cents Coin Creates a Blockchain Community for … – Cryptonews

Common Cents Coin Creates a Blockchain Community for ...  Cryptonews Read more...

Binance NFT Extends Zero Fees, Gas Promotion for Ethereum, Polygon Collections

The community-centric meme token allows users to earn passive income by simply holding its native token on Core...

Queen Maxima of the Netherlands in Morocco to Promote Digital Financial Inclusion

Queen Maxima of the Netherlands is currently on a four-day working visit to Morocco to promote fintech, the...

Fidelity And BlackRock Are Quietly Laying The Groundwork For The Next Bitcoin, Ethereum And Crypto Price Bull Run

Bitcoin BTC , ethereum and other major cryptocurrencies are currently trading far below their all-time highs—though one...