Robinhood coming to the UK

Must Read

Can XRP defend its price?

Could XRP defend its price action, and rise back to $0.30? Here is my view on how...

With a 110% increase in crypto wallet adoption rates in 2020 are we set for another Bitcoin boom?

2020 has been a massive year for crypto adoption. In July alone, over 3.5 million crypto wallet app downloads...

DeepTradeBot: The innovation of large companies at your service

DeepTradeBot is a collection of automated trading tools developed by Deep Neuro Networks LTD, a London, England-based company...
- Advertisement -BTCClicks.com Banner
Earn Free Bitcoin

Robinhood International, a Robinhood subsidiary, has received regulatory approval from major British regulator, the Financial Conduct Authority (FCA), according to a blog post on Aug. 7.

The FCA approval will allow the firm to bring its investing platform to British customers, Robinhood said in the report, adding that the move would be a critical step on its path to democratizing finance for all. According to the post, the Robinhood team in London is already growing, and the company is hiring in fields of operations, compliance, user research and marketing. Ripple news and Cryptocurrency news in general.

Robinhood appoints former TransferWise exec as president 

Robinhood also appointed former head of treasury at money transfer service TransferWise Wander Rutgers as President of Robinhood International. Rutgers, who most recently served at personal savings assistant solutions provider Plum Fintech, will lead the U.K. business and oversee Robinhood’s new London office, the blog post notes.

Robinhood offers commission-free cryptocurrency trading. In February 2018, Robinhood mobile trading app launched zero-fee trading of Bitcoin and Ether for the first batch of users in the U.S. Earlier this year, Robinhood received a BitLicense to offer crypto-related services in New York from the New York State Department of Financial Services.

Robinhood Financial is registered with the U.S. Securities and Exchange Commission, and is a member of the Financial Industry Regulatory Authority and also a member of the Securities Investor Protection Corporation.

Last month, the FCA issued a policy statement on cryptocurrencies that said that the agency will not regulate Bitcoin as a part of its guidance on crypto assets.

- Advertisement -
- Advertisement -

Latest News

Wyoming Amends Insurance Code to Allow Insurance Companies to Invest in Bitcoin & other Cryptos

In the first provision of its kind, Wyoming is allowing the domestic insurers to invest...
- Advertisement -Earn Free Bitcoin

Flyp.me Instant Crypto Exchange Now Supports REN Token Trading

Decentralized finance is leading the way of the cryptocurrency industry, with the REN Protocol at the front. REN Protocol is...

BLOCKCHAIN OVERCOMES POSSIBILITY OF FRAUD, LACK OF TRANSPARENCY AND TRUST IN THE GAMBLING INDUSTRY

DATE: 07/08/2020 In a recent study carried out by the UK Gambling Commission reveals that the gambling industry has...

The Kuailian Ecosystem, Bringing Blockchain Technology To The World

10 years have passed since the birth of Bitcoin and the first use of Blockchain, a technology that has not stopped evolving,...

Its’ Finally Here A 100% Local Non-Custodial P2P Cryptocurrency Marketplace.

Finfreeotc is soon launching a one of a kind peer to peer cryptocurrency market place. Their marketplace is 100% non-custodial,...