Revolut News

Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said.

Crypto-friendly neobank Revolut has halted purchases of Cardano, Polygon and Solana for U.S. customers, but holding and selling remains available until mid-September.

The crypto-friendly fintech said that the license would hold it to a higher “regulatory standard” that could give consumers confidence.

Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users.

Revolut reportedly issued a public statement and hired lawyers in March in order to prove the “misreporting” of the audit opinion by BDO.

Revolut had been the last "holdout" out of the 12 companies originally granted FCA temporary registration to continue offering crypto services in March.

“The auditors are being significantly more challenging now, because they’re getting beaten up by their regulators,” an individual familiar with Revolut's situation reportedly said.

Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm's CFO suggested that it was unlikely.

A 108-page report details how the United Kingdom can retain its status as one of the global centers for fintech innovation and business.

Revolut warned users that their XRP funds could be stuck "in a worst-case scenario."

Two big crypto companies enter Japan.

Revolut’s losses in 2019 surged over 200% due to investment in international expansion, Revolut founder and CEO says.

Opera users in the United Kingdom can now purchase cryptocurrency directly via bank accounts or digital banking app Revolut.

Bloomberg thinks Bitcoin could return to record highs of $20,000 this year, but warns Ether may not be the world’s second-biggest cryptocurrency for much longer.

London-based tech startup Revolut confirmed its employee downsizing numbers.