Robinhood Crypto has entered the Spanish market, offering users the ability to trade, stake, and invest in cryptocurrencies directly in the app. This expansion follows the implementation of MiCA regulations, defining new standards for digital assets in the EU.
New Services by Robinhood Crypto in Spain
Users in Spain can now trade, stake, and invest in cryptocurrencies through the Robinhood platform, adhering to the new European MiCA regulations.
Expansion in the European Union
The expansion to the Spanish market is part of Robinhood's broader European strategy, which began at the end of 2023. The company has expanded its services in Italy, Poland, and Lithuania, focusing on local needs.
Localized Features and Incentives
Robinhood added crypto transfer features in the EU in October 2024, which were well-received by users. To attract clients, the company offered a 1% bonus on cryptocurrency deposits for a limited time.
Robinhood's expansion into Spain underscores its commitment to capturing a new market, despite regulatory challenges in the U.S. and a recent SEC fine.
