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Dan Gallagher, Robinhood Markets’ chief legal officer, has withdrawn from consideration to lead the U.S. Securities and Exchange Commission under the incoming Trump administration. Gallagher’s decision to remove himself from consideration marks a major development in the search for Gary…
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Co-founder and CEO of Robinhood, Vlad Tenev, commented on Britain’s hawkish approach to crypto, especially when compared to gambling. In an interview with the Times, Tenev expressed his desire to expand Robinhood’s business into the UK, highlighting its potential to…
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Pepe-The-Frog-themed meme coin PEPE surged 23% during Nov. 13’s market cooldown as Coinbase and Robinhood U.S. listed the token amid crypto excitement after Trump's win.
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Robinhood Derivatives LLC announced a U.S. presidential election trading contract, allowing some users to speculate on the Nov. 5 general election. Robinhood stated that eligible U.S. customers can trade two contracts in the “who will win the 2024 presidential election”…
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Robinhood Crypto has added support for Solana crypto transfers for users in the European Union, according to an announcement. The platform announced on Oct. 21 that its customers in the EU can now transfer Solana (SOL) and earn a 1%…
Feature
Is the SEC about to get a crypto-friendly makeover with Dan Gallagher at the helm? How would his approach differ from Gensler’s crackdown? Crypto’s Robinhood in the making? Rumors are swirling that Dan Gallagher, Robinhood‘s Chief Legal Officer and a…
News
Robinhood’s chief attorney, who once served at the SEC, could lead the regulator if President Donald Trump is re-elected next month. Robinhood Markets’ chief legal officer Dan Gallagher has been mentioned as a leading chair candidate at the U.S. Securities…
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Robinhood Crypto has rolled out crypto transfers for its customers in Europe, addressing a feature that users in the region have highly requested. This launch allows Robinhood customers to deposit and withdraw more than 20 cryptocurrencies, including major assets like…
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Bankrupt crypto exchange FTX has settled emergent technologies over $600 million in Robinhood stock. The motion, filed by FTX CEO John Ray III, says the platform is willing to pay Emergent $14 million to cover its administrative costs. In return,…
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Robinhood CEO Vlad Tenev believes crypto can modernize traditional finance by addressing inefficiencies in the traditional financial infrastructure. Crypto can solve legacy inefficiencies in traditional finance by revolutionizing how financial services are offered and delivered, Robinhood chief executive Vlad Tenev…
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Robinhood has officially added support for Solana to its Wallet, expanding the platform’s crypto offerings. Johann Kerbrat, the General Manager of Robinhood Crypto, announced this integration, which will enable users to self-custody Solana (SOL) and conduct transactions over the Solana…
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Robinhood recorded a profitable second quarter in 2024, with a 40% increase in revenue year-over-year, totaling $682 million, propelled by a renewed interest in crypto trading. The firm’s crypto transaction-based revenues hit $81 million, accounting for a 161% hike compared…
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A U.S. federal judge has ordered Robinhood Financial LLC to pay $9 million in a lawsuit over its referral program. The case involved a broker’s “refer-a-friend” promotion that allowed unwanted text messages to be sent in Washington. The total payment…
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Robinhood is reportedly considering offering cryptocurrency futures in the U.S. and Europe, but no official launch date has been announced yet. Bloomberg News reported on Tuesday that Robinhood is considering offering cryptocurrency futures in the U.S. and Europe in the…
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The acquisition will enhance Robinhood’s retail investment offerings, including crypto, through AI-driven analytics and democratized financial access. Robinhood announced its acquisition of Pluto Capital, an artificial intelligence research platform. The company aims to provide users with more tailored investment strategies…
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Robinhood, a popular retail trading platform, has made a deal to acquire Bitstamp, a crypto exchange based in the U.K. Trading platform Robinhood announced Thursday that it has agreed to acquire crypto exchange Bitstamp. This move aims to expand Robinhood’s…
Follow-up
