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Is HOOD Stock Eyeing a Rally After Robinhood Secured UK Crypto Registration?
['Kelvin Munene', 'Kelvin Munene Is A Senior Crypto Journalist', 'Editor With Over Seven Years Of Experience Covering Digital Assets', 'Blockchain Technology', 'Markets. He Has Worked With Top Crypto Publishers In Roles Including Senior Journalist', 'Sub-Editor', 'Editor', 'Shaping Timely News Coverage', 'Editorial Strategy Across The Crypto', 'Stocks Sector.']
Coinpaper
Robinhood has secured UK crypto registration as its local arm joined the Financial Conduct Authority’s crypto-asset register on July 31, giving HOOD stock another regulatory development to watch.
Robinhood Gains UK Crypto RegistrationRobinhood’s UK entity can now offer certain cryptocurrency services under the FCA’s existing anti-money laundering framework.
The company recently said it planned to launch crypto trading in the UK and expand its product base in Europe.
Robinhood’s stock tokens are now available in more than 120 countries through Robinhood Wallet.
That figure exceeded Robinhood’s $100 million crypto trading revenue during the same period.