Revolut is sending invitations to cryptocurrency exchanges to selected customers.
The financial technology company said it is developing a “standalone cryptocurrency exchange.”
CoinDesk first reported the news, noting that the exchange would target “advanced traders.”
“We are constantly developing new products and features in response to customer requests and market demands. A standalone cryptocurrency exchange is one future development, but details are available within the app. “Currently, this product is only accessible by invite, but we plan to roll this out and invite more customers in the future,” a Revolut spokesperson told Blockworks. told.
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It was not immediately clear who would be targeted as senior traders.
CoinDesk said an email to customers hinted that users would find “more detailed analytical tools and lower fees than in the app.”
Revolut announced in December that it plans to “pause” crypto purchases for UK businesses in line with new rules from the Financial Conduct Authority.
An email seen by Blockworks at the time said Revolut needed to “adjust its current business cryptocurrency offering to ensure it meets the new requirements.”
The suspension went into effect in early January.
The digital neobank announced in August that it would cease offering cryptocurrency services to U.S. customers in October.
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