Connect with us

Business

Robinhood is now available in Hawaii and select US territories

Robinhood, the popular trading platform, has expanded its availability to include Hawaii and certain US territories, marking a significant milestone in its geographic reach.

Published

on

Robinhood, the popular trading platform, has expanded its availability to include Hawaii and certain US territories, marking a significant milestone in its geographic reach.

The expansion allows residents of Hawaii, as well as investors in American Samoa, Guam, Northern Mariana Islands, Puerto Rico, and the US Virgin Islands, to access Robinhood’s suite of investment services. This move aims to democratize access to financial markets and investment opportunities for individuals residing in these regions.

Robinhood’s decision to include Hawaii and select US territories comes amid increasing demand for accessible and user-friendly investment platforms across diverse geographical areas. The platform’s expansion reflects its commitment to providing inclusive financial services to a broader audience.

The availability of Robinhood in Hawaii and the specified US territories enables residents to participate in commission-free trading of stocks, cryptocurrencies, exchange-traded funds (ETFs), and other financial instruments. This accessibility is expected to empower users by offering them greater control over their investment portfolios and financial futures.

The expansion aligns with Robinhood’s mission to democratize finance for all, ensuring that individuals in previously underserved regions have the opportunity to engage in the global financial marketplace. By bridging geographical gaps, Robinhood aims to foster financial inclusion and empower more people to participate in wealth-building activities.

As Robinhood continues to enhance its services and expand its geographic footprint, stakeholders anticipate increased adoption and engagement from users in Hawaii and the specified US territories. The platform’s accessibility is poised to catalyze financial literacy and investment opportunities in these regions, contributing to economic empowerment and growth.

News

Binance launches in Syria after Trump lifts sanctions

Published

on

Binance has signaled interest in expanding its services to Syria following a recent move by former U.S. President Donald Trump to lift certain economic sanctions. The easing of restrictions has opened the door for global businesses, including cryptocurrency platforms, to re-evaluate their presence in the region.

A Binance spokesperson confirmed that the company is exploring opportunities in Syria and may extend support to local users. The development marks a potential shift in crypto accessibility for a country that has long faced economic isolation due to international sanctions.

Although no formal launch has been announced, the move suggests that Binance is preparing to tap into an underserved market. The company emphasized that it will continue to monitor regulatory guidelines while assessing how best to engage Syrian users within legal frameworks.

The renewed interest in Syria reflects broader efforts by crypto firms to expand globally amid shifting geopolitical and regulatory dynamics. If Binance proceeds, it could become one of the first major crypto platforms to reenter the Syrian market in years.

Continue Reading

Business

GameStop plunges 12% after proposing new $1.75B debt offering

Published

on

GameStop’s stock dropped 11% after the company revealed plans to offer $2.14 billion in convertible notes, sparking investor concerns about potential dilution. The market reacted sharply to the move, which could lead to an increased share count if noteholders opt to convert their holdings into equity.

The company stated that the proceeds will be used for general corporate purposes, which may include acquisitions and investments. Convertible notes provide flexibility for companies, but often trigger negative investor sentiment due to the future possibility of share dilution.

The timing of the announcement came just as GameStop was enjoying renewed attention from retail investors, particularly following the reappearance of “Roaring Kitty,” a central figure in the 2021 meme stock frenzy. That momentum was quickly undercut by fears surrounding the fundraising effort.

GameStop’s latest financial strategy highlights its continued attempts to adapt and remain relevant in a changing retail landscape. However, the negative market reaction reflects ongoing uncertainty over the company’s ability to convert hype into sustained performance.

Continue Reading

Business

Peaq and UAE bet on tokenized machines to power future economy

Published

on

The United Arab Emirates has introduced a new regulatory sandbox dedicated to advancing the machine economy, in collaboration with blockchain network peaq and Web3 data platform Pulsar. The initiative is backed by the country’s Artificial Intelligence, Digital Economy and Remote Work Applications Office and is aimed at supporting decentralized physical infrastructure networks (DePINs).

The sandbox offers a controlled environment where projects involving autonomous vehicles, delivery drones, and smart city applications can be tested and scaled. Developers will be able to deploy real-world use cases involving connected devices while benefiting from regulatory guidance and technical support.

Participants in the program will receive resources such as funding opportunities, mentorship, and access to strategic partners, enabling them to refine and expand their technologies. The initiative reflects the UAE’s continued efforts to lead in Web3 innovation, artificial intelligence, and future-driven economic models.

By fostering projects that combine AI, blockchain, and IoT, the UAE seeks to attract global startups to build the foundations of a decentralized machine economy. The sandbox is expected to drive real-world adoption of DePIN technologies across transport, infrastructure, and smart services sectors.

Continue Reading

Trending

Copyright © 2025 cryptonews.lk