Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin
Currently, users of the popular trading app can only buy and sell cryptocurrencies within their Robinhood accounts.
FINRA, the SEC and the New York Attorney General’s Office are all making enquiries into the trading app provider.
The platform says it has experienced a 1,400% increase in the average monthly user sign-ups this year compared to the previous year.
Gary Gensler will testify before the U.S. Senate Banking Committee today for a confirmation hearing on his nomination to lead the SEC.
The GameStop saga highlighted the "middleman" issues with services like Robinhood. But the data shows crypto exchanges have their own problems.
Congress is holding a hearing on financing for domestic terrorism this week. What role will bitcoin play?