Bloomberg: Fiat Trading App Robinhood “in Talks” to procure US Banking Licence

2018-6-21 18:55

Stock and crypto trading app Robinhood plans to offer banking services to its 4 mln users, Bloomberg reported June 20, citing anonymous sources.
Robinhood, which in February began allowing zero-fee cryptocurrency trading through its Robinhood Crypto tool, is currently in “constructive” talks with the U.S. Office of the Comptroller of the Currency (OCC) to position itself as a banking services provider.
The move comes a month after the company announced it had raised $363 mln in funding to expand Robinhood Crypto to the entire U.S. market.
Goldman Sachs-backed Circle, which in February acquired cryptocurrency exchange Poloniex, revealed it was also pursuing a banking licence with the OCC earlier this month.
Coinbase, the largest U.S. crypto exchange and wallet provider, also began talks with the OCC regarding obtaining a federal banking licence and its “business model,” Cointelegraph reported in May.

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Источник: bitcoints.com

robinhood trading → Результатов: 5


Robinhood (HOOD) Extends Trading Services To The UK

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2023-11-30 18:00


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Robinhood Announces Expansion into Europe After Profitable Quarter

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2023-11-18 23:02


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Robinhood Could Face Intense Competition From A Pair Of Chinese Brokers Looking To Offer Crypto Trading To Clients

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2021-6-2 22:34


Litecoin and Bitcoin Cash could Smoke as Robinhood decides to add them

The competition for who will be the leader in online cryptocurrency trading platform was increased as one of the major platforms Robinhood announced an update in its trading platform. Although the market presently is sluggish and many did not expect this to happen presently due to the bearish nature of the market, that they will […] The post Litecoin and Bitcoin Cash could Smoke as Robinhood decides to add them appeared first on ZyCrypto.

2018-7-13 22:23


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