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News Explorer — Revolut to Terminate Crypto Services in the US Due to Regulatory Uncertainties, Market Conditions

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Aug 4, 9:29 am
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Revolut to Terminate Crypto Services in the US Due to Regulatory Uncertainties, Market Conditions

Revolut, a UK-based fintech firm, has announced the suspension of its cryptocurrency services in the United States due to the evolving regulatory landscape and uncertainties surrounding the crypto market. Starting from September 2, 2023, US customers will no longer be able to place buy orders for cryptocurrencies on the Revolut platform. A more comprehensive restriction will follow from October 3, 2023, disabling access to cryptocurrencies for US customers, including buying, selling, and holding.

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