• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Robinhood Bets Big on Crypto in Europe: Launches Staking

SB Crypto Guru News by SB Crypto Guru News
May 15, 2024
in Crypto Updates
0 0
0
Robinhood Bets Big on Crypto in Europe: Launches Staking


Although Robinhood may face enforcement actions in the United States for its cryptocurrency offerings, it is expanding its services in Europe further. Today (Wednesday), the brokerage has announced its first crypto staking services for Solana holders, which will be available only to its customers in Europe.

Robinhood’s First Crypto Staking Service

Apart from staking, the American-headquartered brokerage firm is also launching its crypto investment app in three local languages in three European countries: Italy, Poland, and Lithuania. The move is very strategic, as these are the three top countries in the continent with Robinhood Crypto app downloads.

The brokerage’s European crypto offerings were enhanced only six months after its launch on the continent. The platform is onboarding European Union users under its Lithuania-licensed entity.

“Since launching at the end of last year, our customers in Europe have told us loud and clear that they want an app that provides local language support and products that help them earn additional passive income,” said Johann Kerbrat, VP and GM of Robinhood Crypto.

The platform also revealed that Bitcoin (BTC), Dogecoin (DOGE), Solana (SOL), and Ethereum (ETH) are the favourites of its European users as they brought in the highest trading volume in the continent since launch.

Furthermore, Robinhood Crypto revealed that it is the first crypto trading platform for a third of its users in Europe.

Crypto Pays Off

Robinhood entered Europe last December with its crypto trading services, but it has been offering the same in the United States for years. However, on its home turf, the company has always been very cautious with its crypto-based offerings: the number of crypto listings is limited and it is not offering staking services.

Despite these cautious moves, crypto transactions remained a massive revenue booster for the brokerage. As Finance Magnates reported, the cryptocurrency revenue of the platform in the first three months of 2024 jumped by 232 percent to reach $126 million. The revenue was driven by the notional crypto trading volume in the quarter, which reached $36 billion, 224 percent higher.

However, earlier this month, Robinhood’s cryptocurrency trading arm received a Wells Notice from the Securities and Exchange Commission. In a subsequent public statement, Robinhood highlighted that it expects future regulatory actions to “involve a civil injunctive action, public administrative proceeding, and/or a cease-and-desist proceeding,” along with civil money penalties and limitations on activities.

This article was written by Arnab Shome at www.financemagnates.com.



Source link

Tags: BetsBigBitcoin NewsCryptoCrypto NewsCrypto UpdatesEuropeLatest News on CryptoLaunchesRobinhoodSB Crypto Guru NewsStaking
Previous Post

BNB Price Recovery in Limbo: Potential Cap Looms Amid Market Uncertainties

Next Post

Future of Crypto in the Next 5 Years: A Deep Analysis

Next Post
Future of Crypto in the Next 5 Years: A Deep Analysis

Future of Crypto in the Next 5 Years: A Deep Analysis

  • Trending
  • Comments
  • Latest
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

Samsung Unveils ‘Moohan’ to Compete with Quest, Vision Pro

January 29, 2025
MARA’s .4B Bitcoin treasury grows to 50k BTC as miners adopt a HODL strategy

MARA’s $5.4B Bitcoin treasury grows to 50k BTC as miners adopt a HODL strategy

0
Donor Tricked Out of 0,000 in Crypto by Fake Trump Inauguration Email Scam

Donor Tricked Out of $250,000 in Crypto by Fake Trump Inauguration Email Scam

0
Rising Crypto Scams Targeting Panic and Trust

Rising Crypto Scams Targeting Panic and Trust

0
Tether Faces Legal Heat as Celsius Bitcoin Case Advances

Tether Faces Legal Heat as Celsius Bitcoin Case Advances

0
As North America’s oldest company faces bankruptcy, the sale of its collection raises fears among Indigenous communities – The Art Newspaper

As North America’s oldest company faces bankruptcy, the sale of its collection raises fears among Indigenous communities – The Art Newspaper

0
Crypto companies made .2B in onchain revenue last month. Top companies with highest revenue are Tether (9M), Circle (8M), PancakeSwap (M), Hyperliquid (M) and Aave (M)

Crypto companies made $1.2B in onchain revenue last month. Top companies with highest revenue are Tether ($619M), Circle ($198M), PancakeSwap ($69M), Hyperliquid ($60M) and Aave ($40M)

0
Bitcoin Flashes Caution As RSI Repeats Post-Halving Behavior – Here’s Why

Bitcoin Flashes Caution As RSI Repeats Post-Halving Behavior – Here’s Why

July 6, 2025
Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins

Analyst Shares Bitcoin Cheat Sheet Showing When The Bull Run Begins

July 5, 2025
Ripple Unveils New Accelerator to Boost XRP Ledger Innovation in DeFi and AI

Ripple Unveils New Accelerator to Boost XRP Ledger Innovation in DeFi and AI

July 5, 2025
Nano Labs Buys  Million in BNB, Grows Digital Reserve to 0 Million

Nano Labs Buys $50 Million in BNB, Grows Digital Reserve to $160 Million

July 5, 2025
Crypto companies made .2B in onchain revenue last month. Top companies with highest revenue are Tether (9M), Circle (8M), PancakeSwap (M), Hyperliquid (M) and Aave (M)

Crypto companies made $1.2B in onchain revenue last month. Top companies with highest revenue are Tether ($619M), Circle ($198M), PancakeSwap ($69M), Hyperliquid ($60M) and Aave ($40M)

July 5, 2025
Squeeze a Whole Business Book into Your Lunch Break

Squeeze a Whole Business Book into Your Lunch Break

July 5, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.