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Revolut to Shut US Crypto Operations Due to 'Regulatory Environment'

Revolut, the UK-based fintech firm, has announced the suspension of its cryptocurrency services in the United States. This decision, influenced by the evolving regulatory landscape and uncertainties surrounding the crypto market in the U.S., is set to take effect from September 2, 2023. From this date, U.S. customers will no longer be able to place buy orders for cryptocurrencies on the Revolut platform. This change will be followed by a more comprehensive restriction starting from October 3, 2023. All crypto customers in the U.S. received an email from Revolut informing them of this decision.


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