SEC Closes Robinhood Crypto Inquiry: No Enforcement Action Taken
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The SEC has concluded its investigation into Robinhood Crypto without enforcement action, notifying the company on February 21, 2025. Robinhood welcomed the decision, asserting compliance with federal securities laws. The company has adopted a conservative operational approach, avoiding services deemed as securities by the SEC. This closure reflects ongoing discussions about crypto regulations, with Robinhood advocating for clear rules. Despite past scrutiny, including a $45 million settlement, Robinhood aims to innovate within a transparent regulatory framework for digital assets.
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