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The American financial services firm Robinhood is said to be preparing the rollout of its own blockchain, according to two individuals with direct insight into the initiative. Sources noted that both Arbitrum and Solana have been evaluated as potential partners in the project’s development. Robinhood Plots Bold Blockchain Leap Much like its counterparts in the … Read more
Robinhood pushed the SEC in a high-profile meeting to clarify crypto rules, criticizing case-by-case litigation and urging a structured regulatory framework. Robinhood Urges SEC to Clarify Crypto Rules During High-Profile Meeting The U.S. Securities and Exchange Commission (SEC)’s Crypto Task Force met with representatives from Robinhood Markets Inc. on Feb. 19 to discuss regulatory approaches … Read more
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 of financial services firm Robinhood, announced on Monday that the U.S. Securities and Exchanges Commission (SEC) has shut down a securities violation investigation it was … Read more
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 crypto-friendly regulations and Robinhood’s broader global growth strategy. Singapore Primed as Next Crypto Hub for Robinhood Robinhood is preparing to enter the Singapore crypto market … Read more
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 digital assets. Crypto Trading Drives New Revenue Record for Robinhood Robinhood has reported a record-breaking fourth quarter, with total revenue reaching $1.01 billion, up 37% … Read more
The brokerage reportedly cited expectations of a crypto-friendly regulatory environment under incoming President Trump as a key consideration. Go to Source
The prediction market has listed contracts for betting on events including a prospective Trump impeachment. Go to Source
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins. Go to Source
The platform said it was “committed to democratizing finance for all,” but would not endorse either the Democratic or Republican candidate in 2024. Go to Source
As Robinhood rolls out its presidential election event contracts, the prediction markets Polymarket and Kalshi are drawing in substantial multi-million-dollar revenues tied to election-related trading. Robinhood Jumps Into Election Contracts Scene On Monday, Robinhood said began deploying election event contracts to select U.S. customers on Oct. 28, just ahead of the Nov. 5 U.S. presidential … Read more
