Robinhood launches crypto trading app in the EU

<img width="562" height="339" src="https://www.leaprate.com/wp-content/uploads/2018/08/robinhood.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2018/08/robinhood.jpg 730w, https://www.leaprate.com/wp-content/uploads/2018/08/robinhood-230×138.jpg 230w, https://www.leaprate.com/wp-content/uploads/2018/08/robinhood-380×228.jpg 380w, https://www.leaprate.com/wp-content/uploads/2018/08/robinhood-88×53.jpg 88w, https://www.leaprate.com/wp-content/uploads/2018/08/robinhood-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2018/08/robinhood-500×301.jpg 500w" sizes="(max-width: 562px) 100vw, 562px" /><p>Robinhood’s General Manager, Johann Kerbrat, said that the EU was selected as its “anchor” region for international expansion due to its highly developed crypto laws and regulations – this includes the comprehensive Markets in Crypto-Assets (MiCA) Act. Robinhood believes adhering to these stringent regulations will make its product more appealing to a European audience.</p>
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<p>Enticing customers with other offers is on the cards, too; Robinhood will offer free bitcoins for sign-ups, referrals and specific trading activities. Rather than wait for next year, a decision was made to go live on Thursday (7^th December). EU customers will now be able to buy, sell and hold a range of cryptocurrencies during the festive season. Robinhood plans to add more tokens and features in the coming months.</p>
<p>UK customers eager to trade stocks on the app will have to wait a little longer. <a href="https://www.leaprate.com/news/robinhood-riding-on-third-time-lucky-with-2024-uk-investments-app/" target="_blank" rel="noopener">Robinhood</a> has penned a launch for early 2024 in the UK. However, customers in the region can already join a waiting list, which will offer small yields on customer deposits. The forays into overseas territories come amid mounting scrutiny on crypto companies from the US SEC.</p>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/forex/platforms/robinhood-launches-crypto-trading-app-in-the-eu/">Robinhood launches crypto trading app in the EU</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>