Tags: Robinhood

Despite increased sales volume, Immutable saw a decline in both daily sellers and buyers which points to a higher transaction values and fewer participants.

Robinhood insists that the SEC would have failed if it pursued enforcement action against its crypto business because the firm had taken measures to stay compliant.

Last summer, Robinhood announced its $200 million acquisition of Bitstamp to deepen its global crypto presence with one of the oldest exchanges

CFTC’s intervention has forced Robinhood Derivatives to halt event contracts.

The CFTC is reviewing Crypto.com and Kalshi’s Super Bowl event contracts as it seeks clarity on derivatives compliance and regulatory checks.

CME Group topped the rankings, trading $1.4 trillion in crypto futures in 2024, with BTC open interest surging 83% to over $20 billion.

Ripple had previously revealed that RLUSD will be issued on XRP Ledger (XRPL) and Ethereum blockchains.

Robinhood faced some regulatory challenges in 2024, but that did not stop the company from expanding to new markets and experiencing significant growth.

A new “Global Dollar Network” has been announced by leading fintech and digital asset companies.

Crypto revenue also hit $61 million, a 165% rise compared to the previous year, though lower than Q2’s $81 million.