Revolut delists Cardano, Polygon, and Solana in US market
Tech Inalis ng Revolut ang Cardano, Polygon, at Solana sa US market 13 minuto ang nakalipas Balita ng Ethereum ng Bitcoin in an email sent to U.S.-based users on June 28, U.K. fintech firm Revolut announced that it is ending support for three major cryptocurrencies. The company stated that U.S. users will not be able to buy Cardano (ADA), Polygon (MATIC), and Solana (SOL) through its app, effective immediately. At a later, unspecified date, users will no longer be able to hold or sell those cryptocurrencies. After that date, Revolut will automatically sell the tokens and deposit the equivalent cash into each users Revolut account. The delisting only affects a small portion of the companys supported coins. Revolut currently supports more than 80 tokens, according to its website. At present, the new policy applies to users of the U.S. Revolut app. The company is primarily a U.K. service but has recently expanded to the U.S. and elsewhere. Delisting follows high-profile SEC cases Revolut said that it is delisting the above assets because of changing laws and regulations in the U.S. Though the company did not specifically identify the Security and Exchange Commissions ongoing cases against Coinbase and Binance, both of those cases name ADA, MATIC, and SOL as securities. Other exchanges