Get the latest tech news
The SEC will not sue Robinhood over crypto
Robinhood on Monday said that the SEC has closed its investigation into Robinhood's crypto unit and will not pursue action. This follows Coinbase saying
The exchanges disagreed and also argued that the SEC and/or legislators haven’t established crypto regulations to justify such enforcement actions. Robinhood opted to avoid trading the crypto assets that seemed to trigger the SEC the most, although it did launch a staking service in Europe. Whether the industry will adopt common sense regulations, or backslide into another Wild West era, remains to be seen.
Or read this on TechCrunch
