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Inventory Buying and selling App Robinhood desires to Develop into a Financial institution


Robinhood stock trading app

Robinhood inventory buying and selling app: A Nationwide Banking Constitution is enticing to many monetary tech firms however alas, it is rather onerous to get. That hasn’t stopped California-based inventory buying and selling app Robinhood from approaching regulators on the Workplace of Comptroller of the Forex (OCC) with an ambition to accumulate the required licenses to permit them to obtain a nationwide banking constitution, which might successfully class the platform as a financial institution. 

The concept is to develop into a extra official banking platform, protecting all bases from cryptocurrency to shares and fiat accounts for its clients. Presently, Robinhood boasts a …

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