Digital Bank Revolut Gets Approval to Offer Crypto Services Throughout Europe

Gain authority over LinuxONE virtual servers for workloads with sensitive data or business IP. is built on FIPS Level-4-certified hardware—the highest offered by any cloud provider in the industry. When you need money urgently, you can sell Bitcoins for cash using our mobile app and get funds directly to your linked card. The Instant Sell option is available on the Buy/Sell menu and allows you to convert your digital funds into real ones in a matter of seconds. A dedicated key management service and Hardware Security Module (HSM) provides you with the Keep Your Own Key capability for cloud data encryption. Built on FIPS Level 4 certified hardware, Hyper Protect Crypto Services provides you with exclusive control of your encryption keys.
To help address the growing need for transparency and to help offer a comprehensive view of the market, we worked with Blockstream to build the ICE Cryptocurrency Data offering. ICE Cryptocurrency Data is available for the most widely and actively traded cryptocurrencies from leading venues, markets and exchanges around the globe. Crypto wallets and exchanges are both essential tools used to manage cryptocurrencies. Wallets are meant to keep your crypto funds safe, whereas exchanges are trading hubs where users convert fiat currencies to digital ones and buy or sell crypto based on current market rates. Exchanges are an essential part of the crypto ecosystem because most traditional investment firms do not offer cryptocurrencies in their portfolios.
Competent authorities will have the power to take appropriate administrative penalties and other administrative measures in the event of infringement, notwithstanding existing criminal sanctions in Member States. The Regulation will be administered by competent authorities designated by each Member State, a list of which will be published. The European Securities and Markets Authority and the European Banking Authority will be the overseeing regulatory bodies at Union level.
On its decision to pursue a local license, Yu said SEBA received inquiries from crypto companies who had “difficulty in accessing and managing their digital assets holdings via traditional providers” along with interest from private wealth and family offices. Onboarding the use of crypto and digital assets generally—with all their permutations and combinations—represents a significant commitment. Adopting crypto calls for a broad rethinking of fundamental strategic questions and how the company intends to manage operational complexities. Enabling crypto payments, such as bitcoin, without bringing it onto the company’s balance sheet may be a quick and easy entry point into the use of digital assets.
Our investing reporters and editors focus on the points consumers care about most — how to get started, the best brokers, types of investment accounts, how to choose investments and more — so you can feel confident when investing your money. Today’s opinion applies to national banks and federal savings associations of all sizes and is consistent with a number of states which have already authorized state banks or trust companies to provide similar functions. Prior to signing up, it’s worth checking that your preferred payment method is supported.
In such a way the platform may often be identified as the most responsive among Bitcoin exchanges. We believe that an intuitive and laconic interface together with advanced trading instruments and world-class security make CEX.IO the best place to trade cryptocurrencies. Our liquid order books allow high-speed order execution even for huge-amount trades. Additionally, we regularly evaluate and improve the performance of the currency pairs presented on our marketplace. Still, when considering listing a new coin or token, we estimate its demand, fault tolerance, and throughput to avoid shady coins with zero market activity.