Robinhood to Consider Delisting Crypto Deemed As Securities
On Tuesday, June 6, Dan Gallagher, Robinhood’s legal chief appraised the US Congress of this situation. Gallagher is himself a former SEC Commissioner and had recently testified before the House Agriculture Committee during a meeting focused on digital assets. advertisement Gallagher added that the brokerage is “actively reviewing” the regulator’s Analysis “to determine what if any, actions to take”. Unlike other crypto exchanges, Robinhood gives a limited crypto offering to its customers. Currently, there are only 18 cryptocurrencies listed on the Robinhood exchange, as against hundreds listed on the crypto exchange Coinbase. However, some of the tokens listed on Robinhood include – Solana, Cardano and Polygon – deemed as unregistered securities by the SEC. $2.2 Billion Worth of Assets At Binance.US At Risk In its latest appeal, the SEC has asked the court for the freezing of Binance.US assets to preve...