Robinhood Introduces Crypto Transfers in Europe as It Doubles Down on Expansion
Summary
Robinhood customers in the European Union can now transfer over 20 cryptocurrencies, including bitcoin, ether, solana, and USD coin, in and out of the app. This expansion aligns with the EU's new crypto regulations under Markets in Crypto Assets (MiCA). The feature enhances self-custody and DeFi access, providing users with more control over their crypto assets. This development follows Robinhood's introduction of crypto trading in the EU 10 months ago and its full brokerage rollout in the U.K. in March. U.S.-based exchanges like Coinbase and Kraken are also expanding in Europe due to MiCA's regulatory framework.
