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Breaking: Robinhood To Aquire Bitstamp Crypto Excahnge

source-logo  coingape.com 06 June 2024 15:20, UTC

Robinhood is venturing further into the cryptocurrency market with a $200 million acquisition of Bitstamp, a significant move that comes despite facing potential legal challenges from the Securities and Exchange Commission (SEC). Last month, Robinhood disclosed that it had received a Wells notice from the SEC, indicating that the regulator is considering a lawsuit against the company for alleged securities law violations related to its digital-assets business.

coingape.com