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Robinhood says SEC dismissed crypto unit investigation in latest sign of easier regulation for industry

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75% Informative

Securities and Exchange Commission drops investigation into Robinhood 's crypto arm.

Robinhood shares rose more than 2.5% in premarket trading Monday .

The SEC 's dismissal of the Robinhood and Coinbase cases is an early sign of a regulatory sea change for the crypto industry.

The companies say they are happy to see a return to the rule of law and commitment to fairness.

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77

Informative language

79

Neutral language

14

Article tone

semi-formal

Language

English

Language complexity

65

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not offensive

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not hateful

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short-lived

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