IN Another sign The fact that the Trump administration will be more friendly in relation to the cryptocurrency industry, the securities and exchanges commission releases the Robinhood investigation. The agency informed the company that it would not move forward with some forced actions, Robinhood Field
Last year Robinhood SEC Wells notification indicating that the agency’s employees will recommend law enforcement against him. The company was faced with potential accusations of violating the securities law due to its crypto -readings and sales. In accordance with the Biden administration, there was some kind of impetus for cryptocurrency, which should be considered and regulated as securities; Trump's political goals seem to signal the opposite.
“Crypto Robinhood always has and will always respect federal laws on securities and never allows transactions in the field of securities,” Dan Gallagher, director of legal norms Robinhood, compliance with regulatory requirements and corporate matters, The field “As we explained by SEC, any case against Crypto Robinhood failed. We appreciate the official closure of this investigation, and we are glad to see a return to the rule of law and the commitment of justice in the SEC. ”
Robinhood added that he is looking forward to working with SEC in order to develop a more clear and more “adapted” normative structure for digital assets. Company In 2022, but he faced normative problems. Officials from New York handed over to Krypto -Business Business of Robinhanstiy And in 2024 the company With California about the crypto -output of claims. Meanwhile, only last month, Robinism agreed to pay $ 45 million It is associated with a concert, trade reporting and other alleged violations of the rules.
Last week, Coinbase said that SEC was Field in the trial During the Biden administration, the agency accused this company of the management of an unregistered exchange of securities.