#Robinhood to pay M to settle US regulator probes

#Robinhood to pay $30M to settle US regulator probes

Robinhood agreed to pay $29.75 million in fines and restitution for failing to respond to several “red flags” stemming from its supervision and compliance practices. Online trading platform Robinhood has agreed to pay $29.75 million to settle several probes from the Financial Industry Regulatory Authority (FINRA) related to the company’s supervision and compliance practices. The…

Read More
#US Bitcoin reserve prompts 0 million in ETF outflows: Farside

#US Bitcoin reserve prompts $370 million in ETF outflows: Farside

Traders had a largely negative response to US President Donald Trump’s announcement. Bitcoin exchange-traded funds (ETFs) saw nearly $370 million worth of net outflows on March 7 as investors reacted to President Donald Trump’s plan for a US strategic Bitcoin reserve, according to data from Farside Investors.  The outflows indicate institutional investors are wary of…

Read More