Robinhood is expanding its European offerings by allowing customers to transfer crypto in and out of its app. The company is currently focusing on a few countries in the European Union (EU) as it awaits its MiCA license. Once it obtains the license, Robinhood plans to scale its services across the EU. The company is targeting the EU market due to a more clear regulatory framework and a higher number of companies working on crypto compared to the US market. In the US, Robinhood is facing challenges including the absence of a crypto license and the uncertainty surrounding the Securities and Exchange Commission's Wells Notice. Despite this, Robinhood is continuing to focus on its US business and improving its existing features for customers. The company remains engaged with the retail crowd and is observing transaction activity on-chain. Regarding stablecoins, Robinhood stated that it is not currently preparing anything in that regard.



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