Shiba Inu (SHIB) Now Available to Robinhood Customers in New York Alongside These Coins

Cryptocurrency-friendly brokerage platform Robinhood now allows its New York customers to buy Shiba Inu (SHIB) and other coins

Popular cryptocurrency-friendly brokerage platform Robinhood has announced that Shiba Inu (SHIB), the second-biggest meme cryptocurrency, is now available to New York State residents.

In addition, Avalanche (AVAX) and Compound (COMP) are also supported in the state.

SHIB was originally listed on Robinhood alongside COMP back in April 2022. AVAX was added to the popular brokerage platform back in May.

New York, the biggest financial center in the world, has long been known for its strict crypto rules. In 2015, it introduced its Bitlicense program, which prohibits digital currency companies from conducting activities in the state without obtaining a much-coveted license. Very few companies have actually managed to obtain BitLicenses.