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Robinhood to Start EU Crypto Trading and U.K. Brokerage Operations
Summary: Trading platform Robinhood (HOOD) plans to start EU crypto trading and U.K. brokerage operations in the coming weeks, according to reports by CoinDesk. "With an experienced team in place, we will soon launch brokerage operations in the U.K.," Robinhood said in its third-quarter earnings statement on Tuesday. "As another step in global expansion, we are ...
Trading platform Robinhood (HOOD) plans to start EU crypto trading and U.K. brokerage operations in the coming weeks, according to reports by CoinDesk.
"With an experienced team in place, we will soon launch brokerage operations in the U.K.," Robinhood said in its third-quarter earnings statement on Tuesday. "As another step in global expansion, we are also planning to launch crypto trading in the EU following our U.K. launch," the firm added.
The move comes as some crypto firms have suspended U.K. services due to new regulations requiring crypto firms to provide clear risk labels and implement system changes, which came into effect on Oct. 8.
Author: Katie Lin
Tags: Crypto,EU,HOOD,Robinhood,U.K.
Link: Robinhood to Start EU Crypto Trading and U.K. Brokerage Operations [Copy]
