A new move came from the US digital investment bank Revolut, which delisted Cardano (ADA), Polygon (MATIC) and Solana (SOL), after the SEC stated that some altcoins were securities in the lawsuits filed against Binance and Coinbase.
According to The Block, Revolut is preparing to shut down its cryptocurrency platform in the US, citing regulatory uncertainty.
A Revolut spokesperson said in a statement that this decision is specific to the US, and that the decision does not affect its customers outside the US.
It was stated that this decision affected less than 1% of Revolut's crypto clients globally.
“Revolut's US customers will not be able to place purchase orders for cryptocurrencies from September 2, they can continue to place sell orders until October 2, and crypto service will be completely shut down for US customers from October 3,” Revolut said in a message to customers. ” specified.
A Revolut spokesperson said in a statement:
“As a result of the evolving regulatory environment and uncertainties around the crypto market in the US, we, together with our US banking partner, Metropolitan Commercial Bank, have made the difficult decision to suspend access to cryptocurrencies in the US through Revolut.
This decision does not affect Revolut users outside the US and affects less than 1% of Revolut's crypto customers worldwide.
Revolut customers in all other markets can continue to sign up and use the platform's crypto services.”
*Not investment advice.
