🚀 Robinhood is expanding its crypto services in Europe, offering Solana (SOL) staking with up to 5% APY. This marks the company's first crypto-staking service. The rollout will initially target Italy, Poland, and Lithuania, with plans to expand further. New users can earn USDC rewards for crypto purchases and access educational modules on Avalanche (AVAX), Bitcoin (BTC), and Circle's stablecoin. 🌍
Meanwhile, in the U.S., Robinhood delisted SOL, Cardano (ADA), and MATIC due to SEC's classification of these tokens as securities. The SEC's aggressive approach has sparked criticism, with many arguing it lacks clear regulations.
What are your thoughts on Robinhood's European expansion? Let's discuss in the comments! 💬