The cryptocurrency industry faces immense pressure due to regulatory scrutiny, market volatility, and public skepticism, according to Robinhood CEO Vlad Tenev. He mentioned the “relentless assault” on crypto during a recent interview with BBC. Despite this challenging environment, Tenev believes that the Trump administration will be good for business and supports sensible regulation to promote innovation.
Meanwhile, Robinhood continues to navigate these challenges by adhering to emerging regulations and exploring potential growth areas within the industry such as DeFi and blockchain-based applications.
Source