Cryptocurrency Q&A
Should I keep my crypto on Robinhood?
Should I keep my crypto on Robinhood?
GinsengBoost
Wed Dec 04 2024
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6 answers
1609
I'm considering whether to keep my cryptocurrency on Robinhood. I'm not sure if it's SAFE and secure, or if there are better options. What are the risks and benefits of keeping my crypto on this platform?
6 answers
BlockchainBrawler
Fri Dec 06 2024
Robinhood Crypto holds a registration with FinCEN, categorizing it as a money services business.
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CryptoAce
Fri Dec 06 2024
As a registered money services business, Robinhood Crypto is bound by the regulations stipulated in the Bank Secrecy Act.
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emma_grayson_journalist
Thu Dec 05 2024
Robinhood Crypto adheres to the applicable requirements outlined in the Bank Secrecy Act to ensure compliance.
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SolitudeSeeker
Thu Dec 05 2024
Additionally, Robinhood Crypto complies with the money transmitter laws that are pertinent to various US states.
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Caterina
Thu Dec 05 2024
This compliance ensures that Robinhood Crypto operates within the legal framework set forth by the relevant authorities.
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