United Kingdom welcomes the Robinhood app

A subsidiary of the US-based stock and cryptocurrency trading application, Robinhood, arrives in the United Kingdom

Robinhood International, a subsidiary of Robinhood, received regulatory approval from the important British regulator, the Financial Conduct Authority (FCA). This license will allow the company to bring its investment platform to British clients.

Without a doubt, the Robinhood team in London is already growing and the company is hiring personnel in the fields of operations, compliance, user research and marketing.

Robinhood offers cryptocurrency trading without commissions. In February 2018, the Robinhood mobile commerce application launched the zero-rate bitcoin and ether trade for the first group of users in the United States.

Similarly, the company received a BitLicense to offer services related to crypto currencies from the New York State Department of Financial Services.

Robinhood Financial is registered with the United States Securities and Exchange Commission and is a member of the Financial Industry Regulatory Authority and also a member of the Securities Investor Protection Corporation.

L. Sáenz

Source: Cointelegraph

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