"Robinhood Expands Crypto Trading to Europe, Introduces 'Crypto Back' Rewards Program"

Robinhood is expanding its cryptocurrency trading services outside of the United States by launching a crypto product in the European Union. The new feature will allow customers to buy, sell, and hold over 25 tokens, including popular cryptocurrencies like Bitcoin and Ethereum. Robinhood plans to offer more tokens and additional features, such as the ability to transfer and earn rewards from crypto, in 2024. The move comes as several major US crypto firms are seeking growth in the EU due to regulatory challenges in the US. Robinhood aims to attract EU users with the opportunity to earn free Bitcoin through trading and referrals. The company emphasizes transparency and security features in its European crypto offering, including displaying spreads on trades and storing customer coins in cold wallets.