The U.S. Securities and Exchange Commission (SEC) has ended its investigation into Robinhood’s cryptocurrency business without recommending enforcement action.

Lawsuits filed against cryptocurrency platforms during President Joe Biden’s administration continue to fall away as the administration of President Donald Trump has projected a much more lenient stan

Robinhood said the U.S. securities regulator had closed its probe into the retail trading firm's crypto arm with no action, as it seeks to revamp policing of digital assets since President Donald Trump took office.