Bitcoin
A$ 88,470
WINkLink
A$ 0.0008724
Ethereum
A$ 5,478.4

Revolut to Reportedly Launch Own Cryptocurrency Token

According to a recent report, Revolut seeks approval from UK’s securities regulator to launch its exchange token. Should the initiative be greenlighted, it will start from Europe and other non-US-based locations.

Citing people familiar with the matter, CoinDesk reported earlier that Revolut – a leading fintech firm – wants to release its cryptocurrency token.
One of the sources indicated that users would be able to utilize the coin similarly to Wirex and Nexo. However, such a development would be possible only if the initiative received regulatory approval from the UK Financial Conduct Authority (FCA).
If it goes live, Revolut will focus on the European market at first and other locations outside the United States.
The London-based company started providing cryptocurrency services a few years back and has only increased the number of offerings. Most recently, the firm added 11 new cryptocurrencies to its platform, including Cardano, Uniswap, Yearn Finance, and Uma.
Although it’s not the only fintech company providing digital asset products to its clients as it’s competing with the likes of PayPal and Robinhood, the potential implications of its cryptocurrency could be considerable.

Related Posts

Leave a Reply

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Donate To Cryptonic Australia


Donate BTC: 1MPYuHUKm3AhNivMSngqLnoEbpNEecHeEK
Donate Doge: DDYybw7H8zx8EYU74JrGW8WwmYh9AGuyMC
Donate WinK: TDiXutqKE3P17LpZMQh3SDBCGSkAC6iEjB




HUMBL To Use BLOCKS To Initiate Strategic Collaboration on Blockchain Initiatives
October 20, 2021
As Bitcoin Makes New ATH, Netflow Hints BTC Will Explode Here
October 20, 2021
This Project Is Building a Metaverse for Trading Virtual Real Estate Based on Real World Maps
October 20, 2021




HUMBL To Use BLOCKS To Initiate Strategic Collaboration on Blockchain Initiatives
October 20, 2021
As Bitcoin Makes New ATH, Netflow Hints BTC Will Explode Here
October 20, 2021
This Project Is Building a Metaverse for Trading Virtual Real Estate Based on Real World Maps
October 20, 2021


CryptoCurrencyAUDChange 1hChange 24hChange 7d
Bitcoin88,470 0.51 % 4.06 % 18.10 %
Ethereum5,478.4 0.17 % 7.66 % 17.72 %
Binance Coin671.57 0.20 % 4.19 % 14.64 %
Cardano2.920 0.05 % 4.31 % 3.76 %
Tether1.330 0.10 % 0.19 % 0.11 %
XRP1.530 0.07 % 6.02 % 4.29 %
Solana230.51 0.15 % 11.78 % 14.04 %
Polkadot59.82 0.31 % 9.10 % 28.01 %
Dogecoin0.3461 1.74 % 7.59 % 14.95 %
USD Coin1.330 0.23 % 0.13 % 0.08 %

Recent Comments

Allison wick

I was a victim of WDC Markets investment scam some months ago myself. It was...

Greatness

he is the best when it comes to recovery, he helped recover my funds without...

URL

... [Trackback] [...] There you will find 63491 more Infos: cryptonic.com.au/evaluation-suggests-bitcoin-robust-palms-are-shopping-for-this-dip/ [...]