US exodus as Revolut now ‘suspends’ crypto access in country amid regulatory uncertainty | Headlines | News | CoinMarketCap
08/04/2023 19:16
Amid the evolving landscape of crypto regulation in the United States, financial technology company Revolut has announced it is “suspending” crypto …
Amid the evolving landscape of crypto regulation in the United States, financial technology company Revolut has announced it is “suspending” crypto services in the US.
A Revolut spokesperson told CryptoSlate, the company, together with its US banking partner, will suspend access to cryptocurrencies for its US customers starting Sept. 2, 2023, specifically,
“As a result of the evolving regulatory environment and the uncertainties around the crypto market in the US.”
This suspension will result in Revolut’s US customers being unable to place buy orders for cryptocurrencies. From Oct. 3, 2023, they will no longer be able to buy, sell, or hold any cryptocurrencies.
This decision comes after widespread uncertainty reflected in several other cryptocurrency exchanges tailoring their …