Robinhood Waiting to Get More Clarity from Regulators before Listing More Cryptocurrencies

CFO of Robinhood, a popular trading platform, has revealed plans about the priority and potential of listing more cryptocurrencies. 

Jason Warnick, the chief financial officer (CFO) at Robinhood, shared insight about the plans of the trading platform. Commenting on listing more coins, especially meme coin Shiba Inu (SHIB), Warnick said, “It is not hidden that our customers want us to add more coins, but at present, we are just waiting to get more clarity from the regulators”. 

The top priority of Robinhood has been compliance, and to achieve this, Robinhood even partnered with Chainalysis, a blockchain data platform.     

There also has been a petition on by the supporters of SHIB for Robinhood to enlist it. At the time of writing around, 555,815 have signed the petition. 

At present, the platform supports transactions for Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), and Ethereum Classic (ETC). 

Warnick also clarified on buying of cryptocurrency, he said, they would not be buying any cryptocurrency for its corporate treasury like some other organizations. 

Disclaimer: The article is just to provide information and shouldn’t be considered as any financial advice. It is advisable to conduct thorough research before investing in any cryptocurrency.

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