Robinhood Markets removes three crypto tokens


The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly

(Reuters) - Robinhood Markets said on Friday it is removing three cryptocurrency tokens from its platform, days after the U.S. securities regulator's crackdown against the industry's biggest exchanges.

Customers will not be able to trade Solana, Cardano or Polygon using Robinhood effective June 27, the online brokerage said.

(Reporting by Manya Saini in Bengaluru; Editing by Shounak Dasgupta)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
Japan to levy big fines with new app rules
Inside Big Tech’s underground race to buy AI training data
Facebook scams demand stricter online rules, Japan lawmaker says
A Chinese firm is America’s favourite drone maker – except in Washington
Snap shares jump nearly 30% after Q1 beat
Alphabet, Microsoft shares jump as investors cheer AI investment
Rescue pup to meme star: The real-life ‘Dogecoin’ dog
Elon Musk is once again richer than Mark Zuckerberg as fortunes reverse
GPS bracelet places 18-year-old at the scene of 11 different break-ins, US cops say

Others Also Read