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Stock trading app Robinhood, which recently began rolling out cryptocurrency trading to many of its US customers, wants to offer its customers savings accounts and other traditional banking services. Bloomberg reports that the $5.6 billion firm, based out of Menlo Park, CA, has already approached regulators at the Office of the Comptroller of the Currency (OCC) about acquiring the licenses necessary to receive a national banking charter. This would be a good move for Robinhood too, as they already have over 4 million people that have registered Robinhood's commission free stock trading app and over 1 million have registered for their crypto trading app as well. This comes at the perfect time as some smaller banks are now rejecting people who make crypto-related purchases using their credit cards. ➖➖➖➖➖➖➖➖➖➖➖➖ 🤔Do you think banks should have the right to tell you what you can and cannot purchase? 🗣Let us know in a few words! ➖➖➖➖➖➖➖➖➖➖➖➖ 😎Follow @sharecrypto ➖➖➖➖➖➖➖➖➖➖➖➖ #bitcoinmining #bitcoin #bitcoins #crypto #cryptocurrencies #hodl #altcoin #altcoins #ico #cryptonews #xrp #xlm #bittrex #binance #kucoin #xvg #cryptotrader #cryptotrading #blockchain #bitcoinsallday #bitcoinwallet #bitcoincash #bitcoinprivate #cardano #ethos #verge #zcash #decentralized #litecoin #sharecrypto

Bitcoin is just keep sinking down, following the downtrend. Testing the trendline for a possible break out. We are expecting a breakout and bitcoin and other altcoins to 🚀🚀🚀. But when will this happen? What will be the next stop ? Till which point we will see bitcoin dropping ? We believe that we have a strong prediction about it!! It will be realesed in the next post! Wait for it 😎 #crypthose #crypto #cryptocurrency #btc #xrp #eth #bch #eos #ltc #xlm #ada #iota #trx #neo #neo #dash #xmr #bnb #etc #ven #xem #ont #omg #zil #qtum #zec #icx #zrx #xvg

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Authorities have admitted that the South Korean government had postponed the regulation of the cryptocurrency sector because it feared consumers will acknowledge it as the government legitimizing the cryptocurrency market. A report from Hani claimed that Coinrail played a vital role in convincing the government that proper regulations in the local cryptocurrency market are necessary. As the Coinrail hack revealed that the majority of cryptocurrency exchanges in South Korea outside of the big three–UPbit, Bithumb, and Korbit–were operating without proper security measures and IT infrastructures. ➖➖➖➖➖➖➖➖➖➖➖➖ ❓Do you think South Korean holding back regulation was a good or bad thing for cryptocurrency growth? ➖➖➖➖➖➖➖➖➖➖➖➖ ❗️Share a few words! ( Curated by @altcoindaily ) ➖➖➖➖➖➖➖➖➖➖➖➖ #bitcoinmining #bitcoin #bitcoins #crypto #cryptocurrencies #hodl #altcoin #altcoins #ico #cryptonews #xrp #xlm #bittrex #binance #kucoin #xvg #cryptotrader #cryptotrading #blockchain #bitcoinsallday #bitcoinwallet #bitcoincash #bitcoinprivate #cardano #ethos #verge #zcash #decentralized #litecoin

Dear zebpay users don't panic, if rbi ban cyprtocurrency after 5th july you can't withdrawal money from any indian bank. you sell your bitcoins on anther local btc exchanger agents. So keep trading 😃 #zebpay #Zebpay #India #bitcoin #ZEBPAY #NCASH #Cryptonews #Crypto #Cryptocurrency #coins #Bitcoin #binance #bitcoinguru #xrp #verge #litecoin #ethereum #dash #xvg #bitcoinnews #crypto #cryptotrader #blockchain #coinmarketcap #coingecko #livecoinwatch #coinbase #bitthumb #bitfinex #ada

Bithumb today says there will be “no damage” to its customers as a consequence of the theft, emphasizing its strict separation of customer and company assets, the latter of which it says are stored in cold wallets. Today’s post reveals that Bithumb “expects” that the total losses from the hack will “be lower” than the current figure, saying the exchange will keep the public informed as to the final confirmed amount. Bithumb is aiming to reassure affected users by emphasizing the 100 bln won in revenue that it reported at the end of 2017, further saying it plans to release its fiscal report for the first half of 2018 by early July. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ #fintech #coinbase #dogecoin #ICO #blockchain #bitcoin #cryptocurrency #crypto #btc #ethereum #bitcoinprice #currency #bitcoinasia #bitcoinnews #bitcoinbillionare #bitcoinmining #bitcoinexchange #cryptoworld #xrp #xlm #bittrex #binance #kucoin #xvg #cryptotrading #bitcoincash #cardano #verge #zcash #litecoin

Crypto-Friendly Robinhood Wants to Offer Bank Accounts Crypto-Friendly Robinhood Wants to Offer Bank Accounts Advertisement Stock trading app Robinhood, which recently began rolling out cryptocurrency trading to many of its US customers, wants to offer its customers savings accounts and other traditional banking services. Bloomberg reports that the $5.6 billion firm, based out of Menlo Park, CA, has already approached regulators at the Office of the Comptroller of the Currency (OCC) about acquiring the licenses necessary to receive a national banking charter. More than 4 million people have registered for Robinhood’s commission-free stock trading platform, and users in 16 states can also trade bitcoin and ethereum alongside their equity investments. By registering as a bank, Robinhood could offer even more services to customers as it seeks to become a one-stop financial platform. At present, Robinhood is registered with FINRA as a broker-dealer and is regulated by the Securities and Exchange Commission (SEC). Robinhood is one of at least three tech unicorns operating in the cryptocurrency space that are said to have inquired about registering as a national bank. Such charters preempt state-level financial regulations, which force US startups to engage with a patchwork of 50 different regulatory regimes. Circle, now valued at more than $3 billion following its latest funding round, has confirmed that it hopes to pursue a banking license in the future as part of its commitment to robust regulatory compliance. The San Francisco-based Coinbase has reportedly held similar discussions with regulators as well, though the firm — which is said to have internally valued itself at $8 billion — has not commented on these reports publicly. #bitcoin #cryptocurrency #btc #eth #decentralization #cryptoblogger #trx #xvg #cryptochart #crypto #blockchain #cryptotrading #cryptocurrencynews #cryptocurrencyexchange #cryptocurrencymining #cryptocurrencycommunity #cryptocurrencyeducation #cryptocurrencyinvestment #cryptonews #cryptolife #cryptocoin #cryptocurrencyrevolution #ig #igers #igersindia #likeforlike #like4like #likeforfollow #like4follow https://www.ccn.com/crypto-friendly-