Revolut Halts Cryptocurrency Services in the US in 2023!

Revolut Halts Cryptocurrency Services in the US in 2023!

Crypto Live News

Author: Mustafa Mulla Aug 4, 2023 15:12

Mustafa Mulla

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Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Revolut, the UK-based fintech firm, has announced that it will be suspending its cryptocurrency services in the United States as of September 2, 2023. The decision comes as the company wrestles with the evolving regulatory landscape and uncertainties surrounding the crypto market in the U.S. While Revolut remains committed to supporting digital currencies globally, it has taken a cautious stance due to the challenges posed by the U.S. market. The move is expected to affect Revolut’s cryptocurrency customers in the U.S., but the firm has assured them that their holdings will remain safe and secure.

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