# Robinhood’s cash cow under SEC scrutiny amid IPO filing

# Robinhood’s cash cow under SEC scrutiny amid IPO filing

“# Robinhood’s cash cow under SEC scrutiny amid IPO filing ” Trading platform Robinhood could lose a significant revenue source should the United States Securities and Exchange Commission move to ban the controversial payment for order flows (PFOF) — routing retail trading orders to market makers. Brokers like Robinhood often use the practice to offset…

Read More
# Study names United States ‘most crypto-ready’ country

# Study names United States ‘most crypto-ready’ country

“# Study names United States ‘most crypto-ready’ country ” Despite not having a clear regulatory framework on cryptocurrencies, the United States has positioned itself as the “most crypto-ready” nation in the world based on several key metrics, such as Google searches, crypto ATM saturation and legislation.  The 2021 Crypto-Ready Index, courtesy of research firm Crypto…

Read More
# SEC inquiry regarding Robinhood’s crypto business reportedly delays IPO

# SEC inquiry regarding Robinhood’s crypto business reportedly delays IPO

“# SEC inquiry regarding Robinhood’s crypto business reportedly delays IPO ” Major cryptocurrency and stock trading app Robinhood is reportedly struggling to move forward with its initial public offering due to an ongoing review from securities regulators. According to a Thursday report by Bloomberg, the United States Securities and Exchange Commission has been questioning Robinhood about…

Read More
# SEC delays decision on Valkyrie Bitcoin ETF

# SEC delays decision on Valkyrie Bitcoin ETF

“# SEC delays decision on Valkyrie Bitcoin ETF ” The United States Securities and Exchange Commission has postponed its decision on whether to approve a Bitcoin (BTC) exchange-traded fund. The SEC has delayed its decision on a Bitcoin ETF filing by Texas-based family investment fund Valkyrie Digital Assets after receiving comments on the proposed rule…

Read More
# ICO issuer charged with fraud by SEC for selling unregistered security

# ICO issuer charged with fraud by SEC for selling unregistered security

“# ICO issuer charged with fraud by SEC for selling unregistered security ” The United States Securities and Exchange Commission, or SEC, has charged a cryptocurrency issuer for “making materially false and misleading statements” in connection with an unregistered security offering conducted between August 2017 and January 2018, offering further evidence that regulators were still…

Read More