Robinhood's IPO plans delayed due to US SEC review of crypto industry

The US Securities and Exchange Commission (SEC) has been reported to question the cryptocurrency market as the US IPO plan of US brokerage firm Robinhood is affected. Robinhood started trading cryptocurrencies in 2018. Today, consumers can trade cryptocurrencies such as Bitcoin and Ethereum, including Dogecoin through jokes. Since half of Robinhood's users are novice traders, Robinhood is generally used as an entry point for newbies into the cryptocurrency industry, which can change a lot. Office staff told lawyers it could take up to 30 days to review the files.