Demex Daily #252: Robinhood Launches Crypto Transfers in Europe Amid Regulatory Shift

What’s Interesting Today:

Robinhood has introduced crypto transfers for European Union customers, allowing deposits and withdrawals of over 20 cryptocurrencies, including Bitcoin, Ether, Solana, and USD Coin. This expansion follows the app’s launch in the EU in December and comes as the EU's crypto regulation framework, Markets in Crypto Assets (MiCA), takes effect. Robinhood aims to simplify self-custody and DeFi access for users, reinforcing its presence in Europe, where U.S.-based exchanges like Coinbase and Kraken are also expanding their operations in response to MiCA.

Incept has launched the $INCEPT token, built on the experimental ERC-4D standard, which combines the ERC-20, ERC-721, and ERC-6551 Ethereum standards. This fusion creates a multi-layered token with advanced functionalities, including the ability to act as a wallet holding other tokens and NFTs. The ERC-4D token allows for recursive ownership, where a token can contain other assets, enabling new asset management and liquidity possibilities. The token introduces novel features like the Grandfather Paradox Mechanism for cyclical ownership and deque architecture for flexible asset management.