Robinhood is just the latest company in the mix, announcing on Monday that the Securities and Exchange Commission has closed its investigation into the company and will not pursue an enforcement action.

Robinhood Markets said the Securities and Exchange Commission closed its investigation into its crypto unit and doesn’t intend to pursue enforcement action, the latest indication of the Trump administration’s support for the cryptocurrency space.

The U.S. Securities and Exchange Commission has ended its investigation into Robinhood Crypto saying it will not pursue further action with company officials adding it "never should have been opened."