Revolut's Crypto Suspension: Adapting to UK Rules Turbulence
Revolut halts UK crypto services in compliance with new rules; industry trend sees companies adapting to regulatory changes.
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Revolut halts UK crypto services in compliance with new rules; industry trend sees companies adapting to regulatory changes.
Revolut's former VP, Hannes Graah, launches Zeal in 2022, a Galaxy-backed digital wallet prioritizing security. Currently invite-only, Zeal plans an official Q1 launch, aiming to stand out with advanced security measures and free USDC stablecoin transfers. Backed by investors like Galaxy and Framework, Zeal, with a team from Revolut, Coinbase, and Spotify, emerges as a noteworthy player in the evolving digital wallet landscape.
Revolut is set to bring on over 1,000 new team members this year, with nearly 40% of these roles allocated to the United Kingdom.
Digital bank Revolut recently filed its accounts for 2021 after a lengthy delay, posting its first full-year profit.
The fintech firm recently won registration from the U.K.'s financial regulator to offer crypto services.
Per a report from Atlfi, fintech company Revolut will be able to offer more crypto products to its customers. The ...
Revolut has entered the crypto educational sector with a new initiative designed to foster “financial literacy.” The program, which will ...