Robinhood says the investigation of the SEC Crypto has ended

Robinhood (CabbotHe said that the Securities and Exchange Committee ended the investigation of whether the retail trading platform failed to register some digital assets as securities, which is another clear transformation by the Trump administration to Returning SEC aggressive approach to the encryption industry.

“We commend the decision of employees to close this investigation without any procedure,” said Dan Gallagher, chief company affairs and corporate affairs officials. SEC refused to comment.

Robinhood shares closed by 3 % on Monday, as other encryption shares decreased.

The prices of some digital assets decreased in recent days after the exchange of encryption derivatives called bybit, while some call it the greatest theft in the date of encryption.

The Robinhood advertisement is the latest difference of digital asset companies that say it is no longer an organizational goal.

Coinbase (currencyThe largest encrypted currency stock exchange in the United States said it expects SEC to drop a lawsuit that Coinbase has not been properly registered in securities. The CEO of OpenSea Devin Finzer also said in X Fricay that SEC had finished investigating whether the unique code market is not to cancel the supply of securities.

The Opensea platform was hit by SEC Wells in August 2024. Robinhood received a Wells notice in May 2024.

“This is a victory for everyone who creates and builds in our area,” Venzer He said In the evening on Friday. SEC refused to comment on Opensea’s claim.

The lawsuit was also stopped by the Supreme Council for Education against the exchange of cryptocurrencies for a period of 60 days.

During the Biden Administration, the organizer, under the leadership of Gary Ginsner, clashed with many companies and numbers in the industry through lawsuits and enforcement procedures, and often argue that securities laws have been violated.

Donald Trump has made a number of promises to the industry during his campaign and new administration reached a lot of new optimism in the world of encryption about a new tone in SEC.

SEC Hyster Pearce Yahoo said financing On Friday, she was now hoping to provide “greater clarity” for the encryption industry that has long argued in Washington, DC, with her unfair and inconsistent treatment.

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PEIRCE is the new head of the encryption forces that formed after the Trump administration took office. Its date was chanted by those in the encryption world, some of whom refer to Pierce in the name of “My Mother Check”.

“It is a new day for encryption in the United States, and it couldn’t have come quickly enough,” said Paul Groal, the chief legal official at Coinbase, praising Pierce or built in SEC Mark Uyeda. The Senate has not yet confirmed.

Grewal added: “At any time they were not lost in converting the page from the campaign of the Gary Ginsler Organization for Organization through enforcement and move quickly to obtain the status of the rules, to reset the dialogue with the industry, and focus on the future.”

Pears refused to discuss the case or how she could vote, saying: “I cannot talk about continuous cases.”

Bitcoin, the world’s largest encrypted currency, rose by more than $ 40,000 after Trump’s victory in the November 2024 elections.

To date, Trump has connected some of the promises he made on the industry during the campaigns, but other promises and organizational developments to the encryption world will take more time.

The main questions are still about whether the Trump administration will provide “stock of national digital assets”, which were directed to the artificial intelligence evaluation and Crypto CZAR DAVID SACKS.

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