Robinhood is seeing ‘a lot of engagement’ from retail users

Robinhood is expanding its European offerings, allowing customers to transfer crypto in and out of its app. 

Robinhood’s Johann Kerbrat told Blockworks that the company will continue to roll out new features. He added that right now Robinhood is limiting its marketing to a few countries over in the EU as it awaits its MiCA license. 

Once Robinhood has that in hand, the company plans to scale all “across the EU.”

The reason for Robinhood’s EU focus is simple, Kerbrat explained. 

“You have a lot more companies in the EU working on crypto than in the US. We have a bit more of a clear framework, and so we are able to launch the product…in a fast way, because we know how to…

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SEC’s enforcement director announces departure 

Gurbir Grewal, who has served as the US Securities and Exchange Commission’s director of the division of enforcement since July 2021, will leave the agency this month. 

The current deputy director of the division, Sanjay Wadhwa, will step in as acting director starting on Oct. 11, the SEC announced Wednesday. 

“From recalibrating penalties and remedies to confronting emerging risks to holding issuers, insiders and gatekeepers accountable, I am incredibly proud of all that we’ve accomplished as a division during my tenure,” Grewal said in a statement. “I am grateful to Chair Gensler not just for the opportunity to lead the division, but also for his unwavering commitment to…

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SHINOBI: OFF-CHAIN PROTOCOLS WILL ALWAYS BE A BALANCING ACT

Rene Pickhardt recently kicked off a thread discussing the differences between two party and multiparty (more than two participants) payment channels as it relates to his research work around payment reliability on the Lightning Network. He voices a growing skepticism of the viability of that direction for development.

The high level idea of why channel factories improve the reliability of payments comes down to liquidity allocation. In a network of only two…

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This $1,000 Faraday Backpack Will Protect Your Bitcoin

WHERE WE’RE SHOPPING: SLNT

If you’re like me (and you’ve been stacking Bitcoin relentlessly), you’ve probably looked for ways to improve your privacy. 

I’ll admit, it’s a bit of a battle for me. As someone who had a public presence from writing their first article in Bitcoin back in 2013, I don’t have much of a choice – a lot of my personal information is out there, probably forever.

That said, little improvements go a long way (or so they say). At least, they make me feel better about the fact that I’m guarding basically all my wealth with no one to hold…

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Vivek: Unsurprisingly, The Bitcoin Price Follows Global Liquidity

What We’re Reading: Bitcoin: A Global Liquidity Barometer

I have been intrigued by the significant increase in global liquidity during 2024, driven by extensive money printing and debt expansion, and how it impacts Bitcoin’s price. 

Bitcoin is an expression against the government’s monetary expansionist policies, so its price follows global liquidity, as seen here on this chart.

It was fascinating to read the recent report by Lyn Alden and Sam Callahan…

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Robinhood expanding in Europe while US landscape remains uncertain

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Can’t stop, won’t stop

Robinhood continues to expand its European offerings, announcing yesterday that it was rolling out transfers that will allow users to move crypto in and out of its app.

Robinhood’s Johann Kerbrat told me that the company will continue to develop new features. He added that Robinhood is currently limiting its marketing to a few countries in the EU as it awaits its MiCA license. Once it has that in hand, it plans to scale to all “across the EU.”

Unfortunately, to no one’s surprise, the US market isn’t so…

Read more on Blockworks