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Robinhood exec says proposal for a single digital asset regulator is stupid

Published 11/18/2021, 11:21 PM
Updated 11/19/2021, 01:00 AM

Robinhood’s chief legal officer Dan Gallagher described the idea of creating a new digital asset regulator was “just plain silly” at a conference on Nov. 17.

Robinhood (NASDAQ:HOOD) is a popular commission-free trading app that offers digital assets, and rival crypto asset exchange Coinbase (NASDAQ:COIN) put foward the idea of a new regulator in October.

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