The world-famous investment platform Robinhood has put some cryptocurrencies under review for delist following the lawsuits filed by the US Securities and Exchange Commission (SEC) against Binance and Coinbase.
According to the news of Bloomberg on June 7, Robinhood has kept up with the aggressive attitude of the SEC in recent days and offered to its users. crypto- money service He said he was reviewing it. Robinhood Director of Legal Compliance, a former SEC official Dan Gallagheron Tuesday, June 6 U.S. House of Representatives Agriculture Committeecrypto investors in worrying made statements.
Pointing to the current environment of uncertainty, Gallagher said, not confronting the regulator He said they were looking for a reasonable way to do it. Cryptocurrency statements insufficient The director emphasized that SEC analysis He stated that they are watching closely:
We are actively reviewing the SEC analysis to determine what steps to take in this regard.
If the Robinhood SEC decides to delist cryptocurrencies, which it has labeled as securities in recent lawsuits, this will be the case. 3 different altcoins will be affected. The company provides services within crypto- among the coins Only Left (LEFT), Polygon (MATIC) And Cardano (ADA) It intersects with cryptocurrencies, which the SEC qualifies as securities.
Within Robinhood Aave (AAVE), Avalanche (AVAX), Bitcoin (BTC), Bitcoin Cash (BCH), Cardano (ADA), Chainlink (LINK), Compound (COMP), Dogecoin (DOGE), Ethereum (ETH), Ethereum Classic (ETC) ), Litecoin (LTC), Polygon (MATIC), Shiba Inu (SHIB), Solana (SOL), Stellar Lumens (XLM), Tezos (XTZ), Uniswap (UNI), USD Coin (USDC) including 18 cryptocurrencies is located.
Although the company’s decision is not yet clear, the regulator stick to the framework and accordingly take action Waiting.
According to Robinhood’s first quarter 2023 results, the platform’s 15.9 million active users is located around. According to Robinhood’s first quarter 2023 results, revenues from cryptocurrencies are in total 38 million dollars was recorded as. This amount is approximately the total net income of the company. 8.6%forms it.