Revolut is sending out invitations to pick prospects for a cryptocurrency alternate.
The monetary expertise firm mentioned it’s creating a “standalone cryptocurrency alternate.”
CoinDesk first reported the information, noting that the alternate could be concentrating on “superior merchants.”
“We all the time develop new merchandise and functionalities, desired by our prospects or requested by the market. The standalone cryptocurrency alternate is likely one of the future developments, however extra data might be launched solely when the product might be out there in-app. At the moment this product is accessible by invite solely, we might be rolling this out and welcoming extra prospects to participate,” a spokesperson for Revolut informed Blockworks.
Learn extra: Gone crypto: From Revolut to Zeal
It’s not instantly clear who could be focused as a complicated dealer.
Based on CoinDesk, a buyer e-mail additionally teased that customers might discover “deeper analytical instruments and decrease charges than the app.”
Revolut mentioned in December that it deliberate to “briefly pause” UK enterprise crypto purchases following new guidelines from the UK’s Monetary Conduct Authority.
An e-mail seen by Blockworks on the time mentioned that Revolut wanted to “regulate our present Enterprise crypto providing to ensure aloof the brand new necessities are met.”
The pause went into impact in early January.
The digital neobank, in August, introduced that it might droop crypto providers to US prospects in October.
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