Crypto

Robinhood pays $45M to settle SEC violations over reporting and cybersecurity missteps

Robinhood has agreed to pay $45 million in civil penalties to settle charges of securities law violations. According to a Jan. 13 statement, this settlement follows an investigation by the US Securities and Exchange Commission (SEC) into the activities of its subsidiaries, Robinhood Securities LLC and Robinhood Financial LLC. The penalties include $33.5 million from […]
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Cryptocurrency

New York and Bank of England collaborate to align global crypto regulations

The New York Department of Financial Services (NYDFS) has announced a partnership with the Bank of England (BOE) to launch an international regulatory initiative aimed at harmonizing crypto regulations, according to a Jan. 13 statement. The program, known as the Transatlantic Regulatory Exchange (TRE), is designed to promote collaboration, share expertise, and align regulatory approaches […]
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Cryptocurrency