$NEIRO
📌 Robinhood CEO’s Position
Robinhood CEO Vlad Tenev publicly urged U.S. lawmakers to provide clear federal crypto regulation, saying “It’s time for the U.S. to lead on crypto policy.”
Tenev highlighted that crypto staking — one of the most requested features on Robinhood’s platform — remains unavailable in several U.S. states due to regulatory uncertainty, even though stock tokens are offered to customers in the EU.
🇺🇸 Support for the Crypto Market Structure Bill
Tenev said Robinhood supports the crypto market structure bill currently being considered by Congress and wants lawmakers to pass legislation that:
Protects consumers,
Unlocks innovation,
Clarifies regulatory roles (e.g., between the SEC and CFTC).
He reiterated that Robinhood is ready to help Congress and the Senate Banking Committee move the bill forward, even as there’s “still work to be done.”
🧩 Current Legislative Context
The Senate Banking Committee postponed a markup hearing on the crypto market structure bill, in part because Coinbase withdrew support for the current version.
Robinhood’s stance contrasts with Coinbase’s pullback — Tenev still backs action to resolve the legislative gridlock and get policy passed.
📊 What This Means
Robinhood’s public support signals industry push for U.S. regulation clarity rather than status-quo uncertainty, which they say restrains product rollout and innovation.
If passed, this bill would create a more definitive structure for digital assets in the U.S., potentially helping companies like Robinhood offer features like staking and tokenized assets widely.
