A young trader Alex Kearns commits suicide over a supposed $730,165 debt in his Robinhood trading account. FINRA wants Robinhood to approve each client who is going to trade options.
Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund.
Gemini cryptocurrency exchange has announced the launch of its custody product dubbed Gemini Custody that will support 18 tokens letting traders transact instantly since it offers them credit.
INX Limited, a crypto exchange startup is in plans to raise $129,5 million through an IPO. And it has already reportedly filed a draft F-1 with the SEC.
Gemini, the Winklevoss brother owned cryptocurrency company, has recently applied for a FINRA broker-dealer license. This is a healthy step towards allowing their customers to lawfully swap digital securities.
Under the approval from FINRA, Grayscale’s Ethereum Trust (ETHE) will be available for retail investors which is a positive sign for the entire industry.
Equity crowdfunding platform SeedInvest has managed to receive FINRA approval to operate an alternative trading system (ATS).
Now, with SeedInvest acquisition, Circle is capable of to ofingfer blockchain-based securities, under the control of the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).
Stock trading app Robinhood is constantly working on offering new services for its clients. Now it is going to get a license to perform banking services.
According to Coinbase, once the firm gets the regulatory license, it would soon expand its operations listing more digital tokens to its offerings.