Robinhood stock tokens face scrutiny in the EU after OpenAI warning
Avishek DAS | Stick images | LightoKet | Getty Images
Lithuania’s central bank said it was contacted on Monday Robinity After Openai, looking for explanations on marked stocks increased the product concerns last week.
“We contacted Robinhood and expect explanations about the structure of Openai and SpaceX stock coins and relevant consumer communication,” Lithuania Bank spokesman Giedrius šniukas said to CNBC.
“Only after receiving and evaluating this information, we will be able to evaluate the legality and compliance of these specific tools. For investors, information should be provided in a clear, fair and misleading language.”
Lithuania Bank Robinhood Lead regulator in the European Union After receiving a mediator license and crypto asset service provider license from the Central Bank. When Robinhood contacted CNBC, it was not available to comment immediately.
Openai comes shortly after Robinhood removes him from the “Stock Coins” product. Released on June 30, the product offers users in EU to invest in stocks in the form of blockchain -based coins, even for private companies such as Openai and SpaceX, according to Robinhood.
Following Robinhood’s new coin offer, Openai went to the social media platform X to warn users “these ‘these’ Openai Jetons’ Openai equality”.
“We didn’t have a partnership with Robinhood, we were not involved, and we didn’t support it, dedi the company said,” Openai requires any transfer of equality – we didn’t approve of any transfer “and urges users to approach the product carefully.
In response to Openai’s warning last week, Robinhood said that stock coins were “indirectly exposure to retail investors, providing access to private markets and activated by Robinhood’s property shares in a special purpose vehicle”.
