Cryptocurrency firm Robinhood wins New York trading license
Robinhood is an online brokerage platform that allows retail investors to trade U.S. stocks and exchange traded funds, without paying any commissions. It competes with established brokerage houses such as TD Ameritrade and E*Trade Financial Corp.
Robinhood Crypto is already available in more than 30 states, and it will allow customers to buy, sell and store cryptocurrencies in New York over the coming months, the company said. Image source: Reuters