Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev expressed relief over the new administration’s approach to financial services and cryptocurrency following the Securities and Exchange Commission’s decision to drop its investigation into the company’s crypto business.
What Happened: “It’s nice to not have to play as much defense,” Tenev told CNBC’s Jim Cramer in a Tuesday interview. “Frankly, in the last administration, we were playing a lot of defense. There was an all-out assault on not just crypto but individual retail trading in general.”
The SEC informed Robinhood on Monday that it had closed its investigation, which began under Former President Joe Biden. The agency had previously warned the …
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