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Executive Order Signed. Will RobinHood App Now List Shiba Inu Now That More Regulatory Clarity Is Known?

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RobinHood

So Robinhood said it was waiting on regulatory clarity before listing any new coins including the Shiba Inu Token. After today’s executive order issued by US president Joe Biden could Shiba Inu be one step closer to being listed on the RobinHood platform?

The Chief Financial officer revealed the only problem they were having was: “We’re a highly regulated company in a highly regulated industry, and we think it’s important that we get a bit more clarity from regulators”. This was published on Bitcoin.com a couple of months ago from the Wall Street Journals CFO Network Summit.

If Robinhood were to list Shiba Inu Tokens it could come out of the blue as their legal concerns may be over. According to the Executive order and President Joe Biden “the first-ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology”

There are 6 objectives in the Executive order realizing that Crypto is the currency of the future. Consumer protection, Financial Stability, illicit finance, economic competitiveness, innovation, and financial inclusion. Agencies will have 60 to 120 days to suggest and create policy recommendations.

It will be interesting to see which coins will be listed on the Robin Hood app going forward but they would be the 100th Exchange to list the Shiba Inu Token if they act now. This can boost their revenues as it did with Coinbase. Only time will tell but it seems inevitable that they list $SHIB before any other token due to the popularity and the strength of the SHIBARMY

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