Robinhood Markets Inc. is taking a fresh look at its cryptocurrency offerings after the Securities and Exchange Commission cracked down this week on two top digital asset trading platforms, Dan Gallagher, the firm’s legal chief, told Congress Tuesday.
The brokerage is “actively reviewing” the regulator’s analysis “to determine what, if any, actions to take,” Gallagher, himself a former SEC commissioner, testified before the House Agriculture Committee during a meeting focused on digital assets.
The SEC sued Binance Holdings Ltd., the world’s biggest crypto exchange, and Coinbase Global Inc., the largest in the US, over the past …
