Robinhood Zero-Fee Trading App Officially Launches in New York

American stock brokerage Robinhood Crypto has officially launched its zero-fee crypto trading app in New York, the company announced in a blog post on May 23. Following the acquisition of a BitLicense by the New York State Department of Financial Services (DFS) in January 2019, Robinhood now allows New York citizens to trade in seven major cryptos with no commission fee using its Robinhood Crypto platform. From now, the Robinhood Crypto service is available in 39 states in the United States, including California, Washington and Florida, among others. The Robinhood…

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Major Canadian Exchange Coinsquare Acquires Zero-Fee Payment Network StellarX

Major Canadian crypto exchange Coinsquare has acquired StellarX, a Stellar (XLM)-based zero-fee decentralized payment network, according to a press release published on Feb. 14. According to the announcement, Bermuda-based StellarX will be a fully owned subsidiary of Coinsquare and will seek regulatory approval to operate and expand its service under Coinsquare’s compliance. The new acquisition has followed Coinsquare’s recent purchase of private Stellar wallet BlockEQ in December 2018, the press release notes. The firm is reportedly set to be rebranded to become the anchor wallet for the StellarX platform. Megha…

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