Can you legally own your crypto on Robinhood?

3 answers

• jjsquaredSep 01, 2023 · 2 years ago
  Yes, it is legal to own cryptocurrency on the Robinhood platform. Robinhood is a licensed broker-dealer and is regulated by the Securities and Exchange Commission (SEC). They comply with all the necessary regulations to ensure the legality of owning and trading cryptocurrencies on their platform.
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• Savage PearceFeb 23, 2025 · 9 months ago
  Absolutely! Robinhood is a legitimate platform that allows users to legally own and trade cryptocurrencies. They have obtained the necessary licenses and comply with all the regulations set by the authorities. So, you can confidently own your crypto on Robinhood without any legal concerns.
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• AlekhyaOct 07, 2024 · a year ago
  Yes, you can legally own your crypto on Robinhood. As a licensed broker-dealer, Robinhood ensures that all transactions and ownership of cryptocurrencies on their platform are conducted in compliance with the law. So, you can trust that your crypto ownership on Robinhood is legal and secure.
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