Shots Fired - Robinhood CEO Says Coinbase's Fees Too High, Shares Goal Of Expanding Crypto Offerings...
Crypto News

Shots Fired – Robinhood CEO Says Coinbase’s Fees Too High, Shares Goal Of Expanding Crypto Offerings…


Robinhood has had a rough month following halting users from buying stock in Gamestop after Reddit pumped it, in a story too long to summarize.

Just know it ends with Robinhood claiming they’re innocent, and were forced to stop because of regulations that apply to them having to do with the amount of stocks they hold for customers and maintaining a percentage of funds in the bank for all of them. But there’s still no shortage of angry traders who left the platform and still rant about it today.

In a video (above) just posted to Robinhood’s YouTube channel, CEO Vlad Tenev seems to have what he believes may be the path back to being respected by the young tech savvy professionals they’ve always targeted – by becoming the new, less expensive, major crypto exchange? 



Source link