Today news
About the same in other media
Robinhood's chief legal officer says 'it's a stretch' to believe crypto legislation is coming anytime soon
Reading now: 909
Jakub Porzycki/Getty Images
Robinhood's chief legal officer said new legislation directed at the cryptocurrency market likely wasn't on the horizon.
In a Wednesday interview with CNBC, Robinhood's Daniel Gallagher said given the dynamic in Congress, «it's a stretch to believe that there will be legislation coming out on crypto anytime soon.»
Gallagher made the comments ahead of a congressional crypto hearing in which six executives from firms including FTX and Coinbase were set to testify in front of the House Financial Services Committee to help legislators understand «the challenges and benefits» of the sector.
«These conversations are, theoretically, existential to crypto, but one would have to assume that Congress is actually going to act
Read more on markets.businessinsider.comAbout this in other media
Robinhood partners with Chainalysis ahead of crypto wallet launch cointelegraph.com /2 years ago
Expect Robinhood clones to rise if India makes crypto an asset class economictimes.indiatimes.com /2 years ago
Cabinet may discuss Crypto Bill this week economictimes.indiatimes.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
