Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin market. The London-based fintech company, which holds a UK banking license, aims to ensure compliance and safety with this…
Read more
Cryptocurrency entrepreneur Erik Voorhees has publicly criticized Revolut, claiming the fintech company shut down his account due to his interactions with cryptocurrencies. Despite not using Revolut’s crypto service and funding his account via fiat from an exchange, Voorhees experienced a freeze on his account for three weeks, followed by termination. This incident occurred even after…
Read more
The Dash community has revealed on social media that the coin will be included in the trading options on Revolut X, the new cryptocurrency exchange platform by Revolut. This development expands Dash’s reach to Revolut’s rapidly growing user base. Revolut X, a standalone web app separate from Revolut’s main banking app, is designed to provide…
Read more
Revolut, the London-based fintech firm, has announced the launch of a new product, Revolut X. This stand-alone crypto exchange is specifically designed for professional crypto traders and marks a major step in the company’s expansion into the crypto market. Revolut X allows trading of over 100 tokens and offers competitive fees of 0% for makers…
Read more
Former Revolut employees have launched a new crypto exchange called X10, raising $6.5 million in its first funding round. The platform aims to address a void in the market that was once occupied by FTX, the exchange founded by Sam Bankman-Fried, who is currently in prison, according to a report from Sifted. Tioga Capital led the…
Read more
Layer 1 blockchain Sui announced a partnership and collaboration with the banking service provider Revolut. According to the press release shared with Cryptonews, the partnership aims to bolster awareness and adoption of blockchain technology among Revolut’s user base of 40 million customers globally. It also wants to open “new avenues for Sui’s growth, particularly across…
Read more
Banking services provider Revolut has joined hands with the popular crypto wallet MetaMask, revealing Revolut Ramp. According to the press release shared with Cryptonews, Revolut Ramp is the latest crypto offering available to users in the UK and European Economic Area (EEA). With this feature, said Revolut, the company is “doubling down on its commitment…
Read more
Banking services provider Revolut is set to debut a new “invite-only” crypto exchange, according to a February 16 report. A U.K.-based customer email confirmed by CoinDesk stated that Revolut is launching a new crypto exchange with advanced traders in mind. Revolut’s ‘Standalone’ Cryptocurrency Exchange “You’ll find deeper analytical tools and lower fees than the app,”…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Bank of Russia Reveals Official CBDC Logo, Revolut Shuts Down Crypto Platform for its US Customers, US DoJ Asks Sam Bankman-Fried’s ‘Bail be Revoked and Defendant be Detained’…
Read more
Crypto-friendly British neobank Revolut has announced plans to halt its crypto services for US customers. The digital bank cited the market uncertainty and changes to the local regulatory landscape in the country for suspending crypto services. The England-based fintech firm will suspend US users’ ability to buy cryptocurrencies via its app from September 2, a…
Read more
