#robinhood
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Trump’s Victory Boosts Wealth of Leading Crypto Entrepreneurs
The wealth of prominent crypto entrepreneurs saw a sharp increase following Donald Trump’s recent election victory, as shares in cryptocurrency companies rallied in anticipation of the newly elected U.S. President's promised pro-digital assets policies.
Robinhood Receives a Hefty Fine, Fails to Meet BSA/AML Standards
Robinhood, the American financial services company headquartered in Menlo Park, California, has been subject to an investigation by the Department of Financial Services (DFS) in New York State. The agency found that its crypto division violated rules in numerous areas. Four New Cryptocurrencies Launched on Robinhood Crypto
Robinhood Crypto platform has announced the addition of new cryptocurrencies. Users will now be able to buy and sell Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC) and Compound (COMP). In the near future, it is also planned to add options such as loading wallets and withdrawing funds. Robinhood’s Chief Legal Officer in Line for SEC Leadership!
Dan Gallagher, the Chief Legal Officer at Robinhood, is being considered as a potential candidate to lead the U.S. Securities and Exchange Commission (SEC) if Donald Trump secures the presidency, Politico reports, referencing opinions from former SEC officials.Robinhood Acquires Bitstamp Crypto Exchange
Robinhood has entered into an official agreement to acquire the global cryptocurrency exchange Bitstamp. This deal will enable the platform to offer cryptocurrency trading services outside the U.S., as Bitstamp holds over 50 active licenses and registrations worldwide. 
Crypto Trading Plunges on Robinhood Amid Regulatory Challenges
Robinhood, a well-known trading platform, has reported a significant decrease in cryptocurrency trading volume for the month of May. According to the company, the crypto trading volume dropped to $2.1 billion, which is a 43% decline from April, and a staggering 68% fall on a yearly basis. Robinhood opens wallet services to 1 million users
Robinhood released the beta version of Robinhood Wallet in September to 10,000 users who joined the waitlist. The wallet is now available to 1 million waitlisted customers.
Robinhood Wallet is more than just a wallet. It's a full-fledged app allowing to trade tokens and view NFTs.
It provides access to additional Web3 features like connecting to dApps and NFT marketplaces on Ethereum and Polygon. 
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