JOURNAL ARTICLE

Robinhood Reviews Crypto Offerings After SEC Crackdown.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Massa, Annie 3 of 3

Abstract

But some tokens that Robinhood offers - including Solana, Cardano and Polygon - are deemed by the SEC to be unregistered securities, based on the regulator's lawsuits this week. (Bloomberg) -- Robinhood Markets Inc. is taking a fresh look at its cryptocurrency offerings after the Securities and Exchange Commission cracked down this week on two top digital asset trading platforms, Dan Gallagher, the firm's legal chief, told Congress Tuesday. The brokerage is "actively reviewing" the regulator's analysis "to determine what, if any, actions to take", Gallagher, himself a former SEC commissioner, testified before the House Agriculture Committee during a meeting focused on digital assets. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/06, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • Accession Number:164138032
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