TechFlow, July 8 — According to CNBC, the Bank of Lithuania has requested Robinhood to clarify the legality of its newly launched stock tokens, including tokens based on OpenAI and SpaceX. As Robinhood's primary regulator in the European Union, the Bank of Lithuania is reviewing the structure of these tokens and how they are communicated to consumers.
Giedrius Šniukas, spokesperson for the Bank of Lithuania, said the legitimacy and compliance of these specific instruments can only be assessed after receiving and evaluating the relevant information.
Add to Favorites
Share to Social Media
