Revolut to Halt US Crypto Activity
- UK fintech firm to suspend all US crypto access from October
- Decision affects less than 1% of Revolut’s global crypto users
This article is for subscribers only.
British banking app Revolut Ltd. will stop offering crypto trading services to US-based customers from September, citing market uncertainty and changes to the local regulatory landscape.
The London-based fintech firm will suspend US users’ ability to buy cryptocurrencies via its app from September 2, a Revolut spokesperson said in an email on Friday. All access to cryptocurrency holdings will be disabled a month later, the spokesperson added.