Robinhood CEO Defends Crypto, Vows to Fight SEC Regulations: Impact on Bitcoin (BTC) and Other Coins

• Robinhood Markets, a leading retail trading platform, has announced its intent to challenge the US Securities and Exchange Commission (SEC) in court over allegations of securities violations.
• CEO Vlad Tenev criticized the SEC’s “continued attack on crypto”, describing it as part of a broader “regulatory onslaught” that stifles innovation and handicaps American firms and investors.
• The SEC’s scrutiny of Robinhood Crypto is part of a wider crackdown on the crypto industry, with other major players like Consensys and Uniswap Labs also receiving warnings.

Robinhood Markets is set to challenge the SEC in court over allegations of securities violations, marking another chapter in the ongoing regulatory crackdown on the crypto industry.

Robinhood CEO Criticizes SEC’s Enforcement Actions

CEO Vlad Tenev expressed his discontent with the SEC’s actions, characterizing them as a “regulatory onslaught” that stifles innovation and hinders American firms and investors. The SEC’s investigation into Robinhoo... Read the full article for FREE at COINOTAG!