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Digital Financial institution Revolut Suspends U.S. Crypto Operations Citing ‘Regulatory Setting’

SB Crypto Guru News by SB Crypto Guru News
August 6, 2023
in Crypto Updates
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Digital Financial institution Revolut Suspends U.S. Crypto Operations Citing ‘Regulatory Setting’



The platform mentioned it took the “tough choice” with its native banking associate to halt operations due to an “evolving regulatory surroundings” and “uncertainties across the crypto market” within the U.S. Regulators within the nation, led by the Securities and Change Fee, have been cracking down on crypto, concentrating on trade platforms like Coinbase (COIN) and Binance, in addition to a bunch of particular person tokens together with Solana’s SOL, Cardano’s ADA and Polygon’s MATIC, alleging violations of federal legal guidelines.



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