Robinhood Goes Rogue: Crypto in Singapore?

So, remember Robinhood? That app that made day trading feel like a game of Candy Crush, except with your potential life savings? 🤪 They’re apparently branching out into the world of crypto with a plan to launch products in Singapore.

Apparently, this whole thing hinges on them finishing their purchase of Bitstamp, a crypto exchange they’re buying for a cool $200 million. Because nothing says “responsible financial decision” like buying a company in a market known for its, uh, volatility.

Robinhood’s head honcho, Vlad Tenev, promised last year that they’d be taking over Asia. Singapore, it turns out, is their chosen playground. They’re probably hoping to cash in on all those folks who think Bitcoin is the future of money and are willing to bet their entire retirement on it.

As for me? I’ll stick to my trusty piggy bank. At least that thing doesn’t require a password. 🐷

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2025-02-18 16:15