People familiar with the matter: Revolut will suspend some encryption services to its UK business customers

Digital bank Revolut said it plans to suspend some crypto services to its UK business customers in response to upcoming new rules from UK regulators, people familiar with the matter said. The bank said it plans to suspend its UK customers’ ability to purchase cryptocurrencies through Revolut Business from January 3, 2024, although customers in the country can still hold and sell cryptocurrencies. (City A.M.)