đą Robinhood's crypto wing is in hot water with the SEC over alleged securities violations. đ”ïžââïž The trading platform is the latest in a series of crypto firms, including Coinbase and Kraken, to receive such a notice. Robinhood is ready to duke it out with the SEC, citing a lack of federal guidance as a major stumbling block. đ„
In other news, Grayscale has pulled the plug on its Ether futures ETF application just weeks before the SEC's decision deadline. đ
Meanwhile, Coincheck is inching closer to becoming a Nasdaq-listed company, and Jack Dorsey's Block is planning to raise a cool $1.5 billion through a private offering of senior notes. đ°
What do you think about these developments? Let's chat in the comments! đ #CryptoNews #BlockchainBuzz