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Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage

Robinhood (HOOD), the popular trading platform, plans to start EU crypto trading and U.K. brokerage operations in the coming weeks. "With an experienced team in place, we will soon launch brokerage operations in the U.K.," Robinhood said in its third-quarter earnings statement on Tuesday. Robinhood said during the summer, that it was looking to hire staff in the U.K. as it plans to expand into the region. The move comes as some crypto firms have suspended serving U.K. customers thanks to new promotions rules that require crypto firms to provide clear risk labels and implement system changes came into effect on Oct. 8.

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