Robinhood Launches Crypto Trading in EU
Expansion influenced by EU's comprehensive crypto regulation, includes incentives and theft insurance for customers
- Robinhood has launched its crypto trading platform in the European Union, offering over 25 cryptocurrencies including Bitcoin and Ethereum.
- The expansion comes a week after Robinhood launched stock trading for UK customers.
- Robinhood's decision to expand into the EU is influenced by the region's comprehensive crypto asset regulation policies.
- Robinhood will offer EU customers up to one bitcoin free when they sign up and one more for each successful referral.
- The company has also implemented a crime insurance policy to address fears of theft among crypto investors.