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Revolut halts crypto services in the US citing “evolving regulatory environment”

August 7, 2023

From 2 September 2023, Revolut’s US customers will no longer be able to place buy orders for crypto with the bank, with access due to be fully disabled a month later.

A spokesperson for the bank told FinTech Futures that the withdrawal of its crypto services in the US was the result of “the evolving regulatory environment” and “uncertainties around the crypto market” in the country.

“From 3 October 2023, access to cryptocurrencies through Revolut will be fully disabled and US customers will no longer be able to buy, sell, or hold any cryptocurrencies,” the spokesperson says.

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