Trading platform Robinhood is reportedly reviewing its cryptocurrency offerings following the SEC crackdown on Binance and Coinbase.
Robinhood Markets Inc. is reportedly reassessing the cryptocurrencies it offers on its platform after the US Securities and Exchange Commission (SEC) sued crypto exchanges Coinbase and Binance. On Tuesday, the company’s chief legal officer, Dan Gallagher, told Congress that it is “actively reviewing” the SEC’s analysis “to determine what, if any, action to take.”
A former SEC commissioner, Gallagher, testified before the House Agriculture Committee during a meeting on digital assets.
SEC Believes Several Popular Cryptocurrencies are Unregistered Securities
In its lawsuit against Binance and its CEO Changpeng Zhao, the SEC alleged that popular cryptocurrencies such as Cardano (ADA), Polygon (MATIC), and Solana (SOL) are unregistered securities.
Robinhood currently offers its clients 18 different tokens to trade with compared to hundreds availa
We współpracy z: https://cryptodaily.co.uk/2023/06/robinhood-mulls-delisting-tokens-sec-deems-securities
