Robinhood Removes Support for Cryptocurrencies Named in SEC Lawsuit
TL;DR Summary
Cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a sell-off following a week of regulatory crackdowns, including lawsuits against Binance and Coinbase and the delisting of some tokens by Robinhood Markets. Binance.US also announced the suspension of USD deposits and fiat dollar withdrawal channels. Bitcoin was down nearly 3% for the week, while Ethereum was down over 3% and Dogecoin was down over 13%.
- Cryptocurrencies drop following week of regulatory crackdown Fox Business
- Robinhood Ends Support for All Tokens Named in SEC Lawsuit as Securities CoinDesk
- Robinhood Moves to Cut Support for Cardano, Polygon and Solana Decrypt
- Robinhood will end support for 3 tokens named in SEC lawsuits Cointelegraph
- Robinhood Markets removes three crypto tokens Reuters
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