Robinhood Crypto Revenue Fell 18% Sequentially to $31M in Q2

The online trading platform reported second-quarter earnings after the close on Wednesday.

• 2023-08-03
• Robinhood Online trading platform crypto trading revenue figure

U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision

The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.

• 2023-07-28
• Cynthia Lummis National Defense Authorization Act Kirsten Gillibrand U.S. Senate crypto Roger Marshall Senator Warren Elizabeth Warren crypto trading

Crypto Trading Volumes Rise for First Time in 3 Months Amid ETF Optimism

Even so, spot trading volumes are at historically low levels.

• 2023-07-05
• derivative trading derivatives market Chicago Mercantile Exchange Crypto trading spot trading BlackRock

Hong Kong is bringing back retail crypto trading. Will China be next?

Mainland China officially banned cryptocurrencies in 2021.

• 2023-06-01
• Hong Kong China Leo Mizuhara side hustles crypto trading crypto exchange Mark Connors

Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes

Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital.

• 2023-03-21
• Benjamin Roth Bit Digital provisional liquidation Auros Global digital asset Auros Crypto trading debt restructuring term loans Vivienne Court

Airbit Club executives pleaded guilty to fraud in $100 million crypto ‘Ponzi’ scheme: DOJ

Seven executives of AirBit Club pleaded guilty to fraud in their roles in a multiyear venture the Department of Justice claims was a crypto 'Ponzi scheme.'

• 2023-03-09
• Airbit Club the Department of Justice guilty pleas Ponzi scheme Damian Williams Pablo Renato Rodriguez trading platform Scott Hughes unsuspecting victims crypto trading

Hong Kong Mulls Reopening Crypto Trading for Retail Investors

A new consultation paper from Hong Kong's financial regulator outlined several new criteria for letting retail investors back into crypto.

• 2023-02-20
• Hong Kong retail investors retail traders Trading platforms trading platform virtual asset crypto trading

SEC weighs new rule for safekeeping customers' crypto assets in wake of FTX debacle

The SEC on Wednesday announced a new proposal requiring all crypto assets held for U.S. customers be housing with a "qualified custodian" in the wake of the FTX debacle, among other crypto failure in 2022.

• 2023-02-15
• Gary Gensler investment advisers customer assets crypto assets SEC crypto trading FTX

Robinhood’s crypto business continues to decline during crypto winter as customers steer clear of trading

The drop came amid a major retrenchment in the crypto industry.

• 2023-02-09
• Robinhood Online brokerage fourth quarter crypto trading earnings report Vlad Tenev crypto wallet