Robinhood Introduces Crypto Transfers in Europe as It Doubles Down on Expansion
- bhoomisinghal0
- Oct 2, 2024
- 1 min read
Robinhood (HOOD) customers in the European Union can now transfer more than 20 cryptocurrencies, including bitcoin (BTC), ether (ETH), solana (SOL) and USD coin (USDC), in and out of the trading app. The California-based company is expanding its offerings as the bloc's crypto laws known as Markets in Crypto Assets (MiCA) come into effect. In March, the company fully rolled out its brokerage operations in the U.K. It began to onboard customers in the non-EU country a year ago after an earlier attempt failed due to a shift of focus during the Covid pandemic. Coinbase (COIN), the largest U.S. exchange, is looking to offer derivatives in the European Union.
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