February 24, 2025

SEC Ends Robinhood Investigation Without Taking Enforcement Action

Michael J.February 24, 202502 mins

The primary securities regulator in the United States has ceased its inquiries into the prominent retail trading platform Robinhood. As per a recent statement from Robinhood, the U.S. Securities and Exchange Commission (SEC) has decided to discontinue its investigation into the trading app, less than a year after issuing a Wells Notice to the company….

Brian Armstrong Describes Memecoins as Warning Signs, Foresees Tokenization of Identity, Songs, Votes, and Beyond

Michael J.February 24, 202502 mins

In a recent interview with CNBC, Coinbase CEO Brian Armstrong suggests that memecoins are the first sign of a broader trend toward cultural tokenization. Armstrong anticipates that memecoins will pave the way for the tokenization of various aspects such as identities, votes, and artwork. Armstrong emphasizes the need for artists to receive compensation for their…