Cryptocurrency

Cardano

Illuvium

Bitcoin

Epic

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 <p class="paragraph">A previous period of gains in the <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency world saw Bitcoin (BTC) rise in value, which hasn’t gone unnoticed by investors and <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> platforms alike, with news of Robinhood <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a>ing BTC and <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> in the EU and UK.</p>
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 <p class="paragraph">The commission-free <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> app enabling investors to trade stocks, options, popular <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies, and ETFs has expanded its offerings in response to the increasing competition in the market.</p>
 <p class="paragraph">In the most recent expansion of its offerings, this company has decided to extend its services to EU and UK traders. As reported by <em>Robinhood</em> in their Q3 report on November 7.</p>
 <p class="paragraph">The report saw this <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> platform’s shares dipping approximately 10% post-announcement, reflecting more cautious investor responses that may be the reasoning behind this future expansion into new markets to stave off drawbacks from the previous adverse events.</p>
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 <p class="paragraph">With the news of a potential Bitcoin exchange-traded fund (ETF) approval in the U.S. in January and a Bitcoin halving event scheduled for the spring of 2024, this move does not surprise, as more investors are looking to capitalize on the recent bullish movements of digital assets.</p>
 <h2 class="wp-block-heading" id="h-reasoning-behind-this-move">Reasoning behind this move</h2>
 <p class="paragraph">Earlier in June, Robinhood shifted to a more cautious approach by discontinuing support for <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies such as Solana, Polygon, and Cardano. This move was influenced by the SEC’s examination of Coinbase and Binance, which raised concerns about certain <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets being considered unregistered securities.</p>
 <p class="paragraph">Additionally, early this year, in January, the Robinhood X account experienced a hacking breach that saw it promoting a token that didn’t exist and was perpetrated as a scam for those who were unsuspecting.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/robinhood-to-launch-bitcoin-and-crypto-trading-in-the-eu-and-uk-tbt69703.html">https://thebittimes.com/robinhood-to-launch-bitcoin-and-crypto-trading-in-the-eu-and-uk-tbt69703.html</a></p>

Robinhood to launch Bitcoin and crypto trading in the EU and UK

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