net_left adver left
Detail

Revolut Receives Regulatory Approval For Offering Crypto Services

Revolut, the British fin-tech company that offers banking services, has recently received regulatory authorization from the Cyprus Securities and Exchange Commission...
Revolut Receives Regulatory Approval For Offering Crypto Services © Reuters. Revolut Receives Regulatory Approval For Offering Crypto Services

Revolut, the British fin-tech company that offers banking services, has recently received regulatory authorization from the Cyprus Securities and Exchange Commission (CYSEC) to offer its 18 million user base crypto services in the European Economic Area (EEA).

Media reports suggest that the seven-year-old European banking company chose Cyprus for its sophisticated regulatory regime of the island country, which has also attracted the likes of Crypto.com, eToro and Bitpanda.

The CYSEC reveals its fintech objectives on its website and says, “As we move to a digital and online society, the use of fintech apps is exploding. Fintech enterprises are innovating new offerings for consumers, and financial institutions are partnering with them to accelerate digital asset management strategies.

“Cloud adoption for the financial sector is not plain sailing, however. Stringent regulations governing data protection need to be complied with, and guarantees that data in all its states – particularly in use – must be found,” the CYSEC stated.

Focus On Blockchain Education And Crypto

In order to encourage cryptocurrency education, Revolut started rewarding users up to $15 to “learn and earn” by passing the course and final exam. The company has been addressing questions like “what is blockchain” and “what is bonding?” on Twitter (NYSE:TWTR).

Revolut recently partnered with the Polkadot network to advance cryptocurrency. In a tweet, the company’s twitter handle explained benefits of Polkadot. “Polkadot helps to solve many limitations of bloackckain technology and allows various different bloackchains to communicate and process transactions at the same time,” stated Revolut.

On the Flipside

Meanwhile, Revolut’s registration application with the U.K. Financial Conduct Authority (FCA) remains unresolved, with the firm able to offer crypto services there via the FCA’s Temporary Registration Regime (TRR), according to media reports.

Why You Should Care

In light of Revolut receiving regulatory approval for crypto services, Patrick Hansen, the crypto venture advisor at Presight Capital, tweeted, “Cyprus is increasingly becoming an EU hub for global crypto companies.”

Similar Articles on DailyCoin:

  • Revolut Partners with Polkadot and Launches “Learn to Earn” Feature
  • Binance Value On The Rise As Binance Card Adds XRP & SHIB, as New BEP-20 Token Revolutux Sets For Launch

Continue reading on DailyCoin

HOT AUTO TRADE BOT SOFTWARE adver right
APPROVED BROKERS
net_home_top HOT AUTO TRADE BOT SOFTWARE
29-09-2022 05:50:55 (UTC+7)

EUR/USD

0.9722

-0.0012 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (8)

EUR/USD

0.9722

-0.0012 (-0.12%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (8)

GBP/USD

1.0860

-0.0028 (-0.26%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

USD/JPY

144.24

+0.09 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

AUD/USD

0.6514

-0.0008 (-0.13%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (8)

USD/CAD

1.3620

+0.0015 (+0.11%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (1)

EUR/JPY

140.24

-0.10 (-0.07%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (5)

Sell (0)

EUR/CHF

0.9498

-0.0003 (-0.04%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (3)

Sell (5)

Gold Futures

1,666.10

-2.60 (-0.16%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (10)

Silver Futures

18.867

-0.043 (-0.23%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (8)

Copper Futures

3.3790

-0.0025 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

Crude Oil WTI Futures

81.78

-0.07 (-0.09%)

Summary

Neutral

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (2)

Brent Oil Futures

87.98

+3.11 (+3.66%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

Natural Gas Futures

7.011

-0.016 (-0.23%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (9)

US Coffee C Futures

227.80

+3.45 (+1.54%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

Euro Stoxx 50

3,335.30

+6.65 (+0.20%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (2)

Sell (5)

S&P 500

3,719.04

+71.75 (+1.97%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

DAX

12,183.28

+43.60 (+0.36%)

Summary

Neutral

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (1)

Sell (4)

FTSE 100

7,005.39

+20.80 (+0.30%)

Summary

Neutral

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (0)

Sell (6)

Hang Seng

17,250.88

-609.43 (-3.41%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (2)

US Small Cap 2000

1,725.13

+62.62 (+3.77%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (3)

IBEX 35

7,442.20

-3.50 (-0.05%)

Summary

Neutral

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (4)

Sell (5)

BASF SE NA O.N.

39.415

-0.080 (-0.20%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Bayer AG NA

48.19

-0.07 (-0.13%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (4)

Allianz SE VNA O.N.

160.72

-3.02 (-1.84%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Adidas AG

130.24

+2.94 (+2.31%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (1)

Deutsche Lufthansa AG

5.772

-0.024 (-0.41%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Siemens AG Class N

99.46

+1.54 (+1.57%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Deutsche Bank AG

7.854

-0.274 (-3.37%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (7)

 EUR/USD0.9722↑ Sell
 GBP/USD1.0860↑ Sell
 USD/JPY144.24↑ Buy
 AUD/USD0.6514↑ Sell
 USD/CAD1.3620↑ Buy
 EUR/JPY140.24Neutral
 EUR/CHF0.9498Sell
 Gold1,666.10↑ Sell
 Silver18.867↑ Sell
 Copper3.3790↑ Sell
 Crude Oil WTI81.78Neutral
 Brent Oil87.98↑ Buy
 Natural Gas7.011↑ Sell
 US Coffee C227.80↑ Sell
 Euro Stoxx 503,335.30Neutral
 S&P 5003,719.04↑ Sell
 DAX12,183.28Neutral
 FTSE 1007,005.39Neutral
 Hang Seng17,250.88Buy
 Small Cap 20001,725.13↑ Buy
 IBEX 357,442.20Neutral
 BASF39.415↑ Buy
 Bayer48.19Neutral
 Allianz160.72↑ Buy
 Adidas130.24↑ Buy
 Lufthansa5.772↑ Buy
 Siemens AG99.46↑ Buy
 Deutsche Bank AG7.854↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,410/ 6,510
(0/ 0) # 1,818
SJC HCM6,420/ 6,520
(0/ 0) # 1,831
SJC Hanoi6,420/ 6,522
(0/ 0) # 1,833
SJC Danang6,420/ 6,522
(0/ 0) # 1,833
SJC Nhatrang6,420/ 6,522
(0/ 0) # 1,833
SJC Cantho6,420/ 6,522
(0/ 0) # 1,833
Cập nhật 29-09-2022 05:50:57
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,657.90+28.791.77%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V23.26023.720
RON 95-III22.58023.030
E5 RON 92-II21.78022.210
DO 0.05S22.53022.980
DO 0,001S-V24.51025.000
Dầu hỏa 2-K22.44022.880
ↂ Giá dầu thô thế giới
WTI$80.92-1.33-1.65%
Brent$88.24-1.29-1.46%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.580,0023.890,00
EUR22.159,1623.399,49
GBP24.732,3625.786,46
JPY159,76169,13
KRW14,2317,34
Cập nhật lúc 17:55:10 28/09/2022
Xem bảng tỷ giá hối đoái
adver main right