Robinhood says Seco dismissed the investigation of the cryptographic unit in the last easier regulation signal for the industry

The stock exchange and values ​​commission is launching its research on Robinhood’s cryptographic arm, the company revealed on Monday.

Robinity He said he received a letter from the Division of application of the SEC on Friday, detailing in a Blog that the agency has closed its research on the cryptography business without the intention of advancing with a compliance action. The news comes three days After Coinbase announced similarly that the SEC has agreed to end its case of application against it.

Actions increased more than 3% in trade prior to the market.

In May 2024, Robinhood received a notice warning that he could be charged for a possible violation of the Law of Securities within his cryptographic unit after being previously cited by his cryptocurrency listings, custody and platform operations, despite ” years in good faith to work with SEC for regulatory clarity, including our well -known attempt to “enter and register”, Dan Gallagher, the main Legal, compliance and corporate issues of the company, said at that time.

“Robinhood Crypto has always respected and will always respect federal values ​​laws and never allowed transactions in values,” he said in a statement on Monday. “We appreciate the formal closure of this investigation, and we are happy to see a return to the rule of law and the commitment to equity in the SEC.”

The SEC did not respond to a request for comments.

The dismissal of the SEC of the cases of Robinhood and Coinbase is an early sign of the regulatory sea change for the cryptographic industry promised by President Donald Trump during his electoral campaign. Despite the meteoric increase in the price of Bitcoin According to the previous administration, many cryptographic companies saw it as a low point due to the notorious regulation approach to the SEC to the cryptography, in opposition to the creation of clear rules to operate, under the leadership of then President Gary Gensler.

Almost half of the revenue based on the transaction of $ 672 million Robinhood in the fourth quarter come from a 700% increase in income linked to cryptography negotiationWhile Bitcoin recovered towards $ 100,000 for the first time with the hope of more favorable policies under Trump.

The shares have won 38% until now in 2025.