Robinhood's crypto arm fined $30 million by New York State's financial regulator

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

New York State's financial regulator has fined the crypto arm of Robinhood Markets Inc $30 million for alleged violations of anti-money-laundering, cybersecurity and consumer protection rules.The New York State Department of Financial Services (NYDFS) said on Tuesday that Robinhood Crypto did not devote s

New York State's financial regulator has fined the crypto arm of Robinhood Markets Inc $30 million for alleged violations of anti-money-laundering, cybersecurity and consumer protection rules.

The online trading app has been at the center of several regulatory probes, including those sparked by last year's frenzy in meme stocks.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Polio found in New York wastewater as state urges vaccinations
Source: STForeignDesk - 🏆 4. / 71 Read more »

Polio found in New York wastewater as state urges vaccinationsWASHINGTON: The poliovirus was present in wastewater in a New York City suburb a month before health officials there announced a confirmed case of the disease last month, state health officials said on Monday (Aug 1), urging residents to be sure they have been vaccinated. The discovery of the disease from
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

A WeWork for the .01% is coming to New Yorkstraits_times Being cancer-stricken and begging CPF Board to repay overdue debt; that which in any case cannot be done as the money had been commingled and funneled to private entity Temasek Holdings for Ho Ching to wager on unviable, untenable and ultimately, invariably doomed gambles
Source: STForeignDesk - 🏆 4. / 71 Read more »

China's Alibaba strives to keep New York listing amid audit dispute:Alibaba Group Holding Ltd said it would work to maintain its New York Stock Exchange listing alongside its Hong Kong listing after the Chinese e-commerce giant was placed on a delisting watchlist by U.S authorities.The company on Friday became the latest of more than 270 firms to be added to the U.S. Securit
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

China's Alibaba strives to keep New York listing amid audit disputeHONG KONG: Alibaba Group Holding on Monday (Aug 1) said it would work to maintain its New York Stock Exchange listing alongside its Hong Kong listing after the Chinese e-commerce giant was placed on a delisting watchlist by US authorities. Alibaba stock was down 4.5 per cent in a near-flat Hong Kong market
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Washington Report Podcast: New York City epicentre of US monkeypox public health emergency
Source: STForeignDesk - 🏆 4. / 71 Read more »