Who licenses Robinhood Crypto?

Could you elaborate on the regulatory framework surrounding Robinhood Crypto and clarify who is responsible for licensing this cryptocurrency trading platform? Given the complex nature of financial regulations and the rapidly evolving cryptocurrency industry, it's crucial to understand the oversight mechanisms that govern such entities. Are there specific state or federal agencies that oversee Robinhood Crypto's operations? What are the key requirements and standards that Robinhood Crypto must adhere to in order to obtain and maintain its license? Understanding the licensing process and regulatory body overseeing Robinhood Crypto is vital in assessing the platform's trustworthiness and compliance with industry standards.