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The SEC is dropping an investigation into Robinhood


In another sign that the government will be friendlier toward the cryptocurrency industry during the Trump administration, the SEC said it won't move forward with any enforcement action in a case against Robinhood.

In another sign that the Trump administration will be friendlier toward the cryptocurrency industry, the Securities and Exchange Commission is dropping an investigation into Robinhood. Meanwhile, just last month, Robinhood agreed to pay $45 million to settle SEC charges related to record keeping, trade reporting and other alleged rule violations. The General Services Administration is reportedly planning on shutting down chargers and offloading government EVs in the coming weeks.

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