Day: October 27, 2021

By Turner Wright, The U.S. Financial Industry Regulatory Authority delivered its biggest financial penalty against the trading app on Wednesday, and Robinhood still reportedly faces scrutiny from the SEC regarding its business practices. Stock and cryptocurrency trading app Robinhood has filed an application with the U.S. Securities and Exchange Commission for an initial public offering.[…]

By BRIAN NEWAR, Despite a failed $100-million funding round leading to the resignation of Binance US CEO Brian Brooks, the exchange still has its sights set on launching an IPO. Regulatory concerns surrounding Binance US have reportedly culminated in investors backing out of a $100-million funding round. The failed funding round also prompted Binance US[…]