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SEC ends investigation into Robinhood's crypto arm

The Securities and Exchange Commission (SEC) has concluded its investigation into Robinhood's cryptocurrency division without taking action against the company, an online brokerage company. It was announced on Monday. Robinhood Crypto received a notification from the SEC last May, indicating that the agency is preparing to file enforcement action. “We commend the staff's decision to […]

Robinhood's fourth-quarter crypto surge could bode well for Coinbase results, Needham says – CNBC

According to Needham, the fourth quarter explosion in Robinhood's crypto revenue could indicate that Coinbase's strong results are being maintained. Stock and crypto brokerage Robinhood recorded record profits in the fourth quarter thanks to a surge in trading activities during post-election rally. Among transaction-based revenues, the company posted a 700% increase in revenue from crypto […]