Crypto-friendly digital bank Revolut is set to launch its own stablecoin, marking a significant expansion of its crypto offerings. This move positions Revolut alongside major players like Paypal, Ripple, and Bitgo in the highly competitive stablecoin market. The London-based fintech company, which holds a UK banking license, aims to ensure compliance and safety with this […]
Crypto-Friendly Revolut Targets $45 Billion Valuation in Upcoming Share Sale
Revolut, the crypto-friendly digital bank, is reportedly planning to sell $ 500 million of employee shares, targeting a staggering valuation of $ 45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies, combined with its innovative banking solutions, continues to disrupt …
Shapeshift Founder Erik Voorhees Claims Revolut Shut Down His Account for Interacting With Crypto
Cryptocurrency entrepreneur Erik Voorhees has publicly criticized Revolut, claiming the fintech company shut down his account due to his interactions with cryptocurrencies. Despite not using Revolut’s crypto service and funding his account via fiat from an exchange, Voorhees experienced a freeze on his account for three weeks, followed by termination. This incident occurred even after […]
Revolut X, New Cryptocurrency Exchange Platform, to List Dash
The Dash community has revealed on social media that the coin will be included in the trading options on Revolut X, the new cryptocurrency exchange platform by Revolut. This development expands Dash’s reach to Revolut’s rapidly growing user base. Revolut X, a standalone web app separate from Revolut’s main banking app, is designed to provide […]
Revolut Launches Stand-Alone Crypto Trading Platform in the UK
Revolut, the London-based fintech firm, has announced the launch of a new product, Revolut X. This stand-alone crypto exchange is specifically designed for professional crypto traders and marks a major step in the company’s expansion into the crypto market. Revolut X allows trading of over 100 tokens and offers competitive fees of 0% for makers […]