United States of America: Penalty issued as part of Robinhood Crypto Cybersecurity Settlement
Description
Penalty issued as part of Robinhood Crypto Cybersecurity Settlement
On 1 August 2022, the New York Department of Financial Services (NYDFS) announced that it has reached a settlement with Robinhood Crypto to close its investigation into the company. The consent order specifies that there were deficiencies in Robinh…
Scope
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
subnational
Government Branch
executive
Government Body
central government