Robinhood launches crypto trading services in Europe
All eligible customers in the EU region can access Robinhood for crypto trading services, with over 25 cryptocurrencies available for trade.
Trading and brokerage firm Robinhood announced the launch of its crypto services for all eligible European Union customers on Dec. 7. The platform will allow traders to buy and sell over 25 cryptocurrencies.
Robinhood’s entry into the European crypto market comes just a week after the firm launched its stock trading application in the United Kingdom.
Cointelegraph contacted Oliver McIntosh, senior product communications manager at Robinhood, to understand the firm’s crypto focus and expansion plans in Europe. Mcintosh said that the EU is the right market to anchor our international expansion plans, and Robinhood “welcomes the approach that the EU has taken in creating the world’s first comprehensive regime for crypto assets via the Market in Crypto-Assets Regulation (MiCA).”