SEC Issues Wells Notice to Robinhood, Triggers Bitcoin (BTC) Price Dip: Key Developments

• Robinhood Crypto, the cryptocurrency arm of Robinhood Markets, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), according to a report by Reuters.
• The SEC is investigating Robinhood’s cryptocurrency listings and crypto custody operations for alleged violations of the Securities Exchange Act.
• In response to the Wells Notice, Robinhood expressed disappointment, stating, “We are disappointed that the SEC has decided to issue a Wells Notice related to our U.S. crypto business.”

Robinhood Crypto faces SEC scrutiny over alleged violations of the Securities Exchange Act, causing a stir in the crypto market and affecting Bitcoin prices.

AR' YA WINNING SON? Don't miss Solana Tokens and BRC-20 Tokens! Click here to find new AI coins!Read the full article for FREE at COINOTAG! 9m ago• CoinOtag EN bullish: 0 bearish: 0 Share by en.coinotag Recent Crypto News Kraken USDT Support Now Continues Amid Legal Challenges In Europe Added 35 minutes, 19 seconds ago by bitcoinworld.co.in World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency Added 35 minutes, 20 seconds ago by news.bitcoin Zoom (ZM)stock: pandemic darling faces a bleak future Added 35 minutes, 21 seconds ago by invezz Kraken Considers Ending USDT Support In The EU Added 35 minutes, 23 seconds ago by bitcoinworld.co.in Crypto Headlines Of The Week: Meme Coins, Meme Stocks, & Ripple Seize Attention Added 45 minutes, 21 seconds ago by coingape How Will Crypto Prices Shift Next? Added 1 hour, 5 minutes, 23 seconds ago by en.bitcoinhaber.net Recent conversions 0.00000006 BTC to CZK 0.02500000 BTC to CZK 250 BTC to EUR 700000 KRW to USD 0.165 BTC to GBP 0.018 BTC to AUD 175 DOGE to CHF 40000 DOP to CHF 0.0108 BTC to BTC 0.3 BTC to USD 72.5 ETH to ETH We use cookies to ensure you get the best experience on our website. Learn more I agree