Robinhood says SEC has rejected the investigation of the crypto unit in the latest sign of easier regulation for the industry

The Securities and Exchange Commission rejects its investigation by the cryptebrate wobilitation, the company has been discovered on Monday.

Slave said that on Friday received a letter from the SECs of the Execution Department, in detail in a A post on blog If the agency closed its investigation into the crypto business without intention to move forward with implementation. The news comes for three days After the coin is similar to the announced that SEC agreed to end her case of execution against him.

The actions increased by more than 3% on SMEMENT trading.

In May 2024. year, the slave received a warning to be charged with potentially violation of securities in its cryptic unit after previously been to the court of cryptocurrenci, detention and platform operations – despite “good faith tries to work for regulatory clarity, including our famous attempt to “enter and register”, “Day Gallagher, MAIN LEGAL, CONCLUSION AND COMPANY CONSENT CLIER, said at the time.

“Robinhood CRIPTO always has and will always respect the laws of federal securities and are never allowed transactions in securities,” he said Monday in the instruction. “We appreciate the formal closure of this investigation and we will be happy to see the return of the rule of law and the commitment of justice per second.”

SEC did not answer the comment request.

The birth certificate must have declared President Donald Trump during its election campaign during its election campaign during its election campaign. Despite the meteorics rise to the price Bitcoin According to the previous administration, many crypto companies saw it as a low point due to the infamous approach of hostly crypt – unlike the creation of clear rules that will work – under the guidance – under the guarantor of Gary.

Almost half of the slave revenues of $ 67 million in the fourth quarter came from a 700% Revenue Revenues related to crypto tradingAs Bitcoin dropped toward $ 100,000 for the first time ever on hopes in more favorable policies under trum.

The actions have so far gained 38%.