Deep Tide TechFlow News, July 8, according to CNBC, the Bank of Lithuania has asked Robinhood to clarify the legality of its newly launched stock tokens (including tokens based on OpenAI and SpaceX). As the main regulatory authority for Robinhood in the EU, the Bank of Lithuania is reviewing the structure of these tokens and the way they communicate with consumers.
Bank of Lithuania spokesperson Giedrius Šniukas stated that the legality and compliance of these specific tools can only be assessed after receiving and evaluating the relevant information.