it received a Securities and Exchange Commission warning that the trading platform could face an enforcement action related to its US crypto business.
Robinhood warned in its disclosure that a potential action from the SEC could mean a civil complaint and a public court proceeding that could end in a fine, a cease-or-desist order and other limitations on its crypto activities.
Brian Armstrong, CEO of Coinbase, speaks at at rally on March 4 in Los Angeles. , arguing that the exchange also allowed certain digital currencies to be traded on its platform that should have been registered with the SEC. "In our view, concerns regarding the notice are likely overblown," said Dolven, who has a buy rating on Robinhood’s stock.‘We Lost Quite a Bit of Money.’ Berkshire Sold Entire Paramount Stake, Buffett Says.
$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle of Wall Street’ says
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