Robinhood has announced the launch of cryptocurrency services in Singapore by the end of 2025 after acquiring the Bitstamp exchange for $200 million. The company plans to use Bitstamp's licenses obtained from the Monetary Authority of Singapore (MAS), which will speed up its entry into the market. This will expand Robinhood's presence in the Asia-Pacific region and strengthen the company's position as a leader in digital assets, considering the growing interest of institutional investors.
2/20/2025 8:56:48 AM (GMT+1)
Robinhood plans to launch cryptocurrency services in Singapore by the end of 2025 after acquiring Bitstamp, using its licenses to enter the digital assets market in Asia
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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