Robinhood to Launch Crypto Trading in EU Despite 26% Q3 Revenue Dip
Online brokerage platform Robinhood has unveiled plans to introduce cryptocurrency trading in the European Union within the next few weeks, as disclosed in its third-quarter earnings report.
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The report highlights a 26% decline in Robinhood’s cryptocurrency trading revenue for Q3 2023. Even as the platform expands its crypto offerings into Europe, its earnings from crypto slipped to $23 million, down from the previous quarter. Read More...