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The Coin Rise 2022-08-03 14:00:54

Robinhood fined $30M by NYDFS for allegedly violating regulations

The New York State Department of Financial Services (NYDFS) has imposed a fine of $30 million on the crypto-focused branch of the online brokerage firm Robinhood, Robinhood Crypto, for allegedly violating regulations related to cybersecurity, anti-money laundering, and consumer protection. Notably, Robinhood, which signed an agreement to buy UK-based crypto platform Ziglu in April, is currently […]The post Robinhood fined $30M by NYDFS for allegedly violating regulations appeared first on Blockchain, Crypto and Stock News.

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