Robinhood Removes 3 Crypto Tokens Following Regulatory Crackdown – Bloomberg

Robinhood Markets Inc. will remove three tokens from its crypto trading platform, after a high-profile regulatory crackdown on some of the industry’s biggest exchanges.

Users will no longer be able to trade Solana, Cardano or Polygon on Robinhood, according to an announcement Friday. The change will go into effect June 27. Prices of all three of the tokens dropped more than 6%.

Source: Robinhood (HOOD) Removes 3 Crypto Tokens Following Regulatory Crackdown – Bloomberg