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<ul><li>Robinhood is reassessing its cryptocurrency offerings following recent SEC actions.</li><li>The SEC has identified certain cryptocurrencies such as Solana, Cardano, and Polygon listed on Robinhood as unregistered securities.</li><li>This development coincides with the ongoing debate about cryptocurrency regulation, including a recent congressional debate on a draft bill.</li></ul>In the wake of recent actions by the U.S. <a href="https://coinedition.com/tag/sec/" rel="noopener noreferrer nofollow">Securities and Exchange Commission (SEC)</a>, Robinhood Markets Inc. is reassessing its cryptocurrency offerings. Dan Gallagher, Robinhood’s legal chief, and a former SEC commissioner, informed Congress of this review during a meeting centered on digital assets.In a bid to avoid any conflicts with the SEC, Robinhood is reportedly contemplating delisting certain cryptocurrencies such as Solana, Cardano, and Polygon. These are among the 18 cryptocurrencies currently listed on Robinhood, compared to hundreds on Coinbase.<a href="https://coinedition.com/robinhood-may-narrow-crypto-offerings-in-response-to-sec-actions/" rel="noopener noreferrer nofollow">See the Original On CoinEdition</a>

Robinhood May Narrow Crypto Offerings in Response to SEC Actions

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