Robinhood now offers crypto transfers to and from its app for customers in the European Union.

- The trading app launched in the EU in December, seeking to expand its presence in the region.

- Customers can transfer more than 20 cryptocurrencies, including Bitcoin, Ethereum, Solana, and USD coin.

- The expansion comes as the EU’s MiCA (MiClaims on Crypto Assets) laws come into effect.

Johann Kerbra, VP and GM of Robinhood Crypto, noted that supporting deposits and withdrawals gives customers more control over their crypto.

- The new feature comes 10 months after it launched crypto trading in the EU.

- The company fully rolled out brokerage operations in the UK in March.

Many US crypto exchanges are ramping up their operations in Europe in light of MiCA.