Robinhood’s crypto business received SEC subpoena

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Robinhood Markets Inc. disclosed in a filing late Monday it has received a subpoena from securities regulators regarding its cryptocurrency listings, custody...

Robinhood Markets Inc.

disclosed in a filing late Monday it has received a subpoena from securities regulators regarding its cryptocurrency listings, custody of cryptocurrencies, and platform operations, among other topics. The U.S. Securities and Exchange Commission’s subpoena arrived in December, shortly after FTX Trading Ltd. and other crypto companies filed for bankruptcy, Robinhood said.

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The SEC has no clear guidelines on crypto regulation . .

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