Revolut To Roll Out Crypto Staking Service for Ethereum (ETH), Cardano (ADA) and Two More Altcoins: Report
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UK-based banking app Revolut is soft-launching customer crypto staking for four prominent altcoins. According to a new report by Altfi, London-based Revolut is introducing crypto staking for Polkadot (DOT), Tezos (XTZ), Cardano (ADA) and Ethereum (ETH) to its 25 million customers. Crypto staking involves digital asset holders lending their assets for fixed or unfixed periods to provide liquidity and support blockchain operations and security. Those lenders are called stakers, and stakers earn rewards in the form of more crypto. According to the report, the full rollout of Revolut’s crypto staking program will occur later this week. The report says staking yields
Today Revolut announced its new Mica license granted from CySEC that will allow the firm to offer regulated crypto trading and new services across 30 EEA countries. What does the Mica license eu mean for Revolut? Scope and protections CySEC’s authorisation brings Revolut under the MiCA framework, creating a single…
Revolut is following major crypto exchanges in the US and delisting Cardano (ADA), Polygon (MATIC), and Solana (SOL) for its customers in the country. The news was shared with affected Revolut users by email this week. US-based users of the digital bank will be barred from purchasing ADA, MATIC, and…