Revolut

GMEX Group Wins Best Development in FinTech of the Year For Institutional Digital Assets Network and Digital Custody Technology – Pyctor

London, 28 November 2022: GMEX Group (‘GMEX’), a leader in digital business and technology solutions for capital markets, is proud to announce that it has been awarded Best Development in FinTech of the Year by Crypto AM for its GMEX Pyctor institutional-grade digital assets technology. These coveted awards are judged by an independent, expert panel of industry leaders. GMEX competed with other finalists including Revolut to win. GMEX Pyctor (‘Pyctor’) was acquired earlier this year by GMEX after being successfully incubated in ING Neo’s innovation lab. It has been jointly

Revolut to Reportedly Launch Own Cryptocurrency Token

According to a recent report, Revolut seeks approval from UK’s securities regulator to launch its exchange token. Should the initiative be greenlighted, it will start from Europe and other non-US-based locations. Citing people familiar with the matter, CoinDesk reported earlier that Revolut – a leading fintech firm – wants to release its cryptocurrency token. One of the sources indicated that users would be able to utilize the coin similarly to Wirex and Nexo. However, such a development would be possible only if the initiative received regulatory approval from the UK

Fake News Moves Market | This Week in Crypto – Sep 20, 2021

 Fake Walmart news crashes the crypto market, Revolut pays for office space in Bitcoin and a statue for Satoshi. These stories and more this week in crypto. A press release claimed early this week that Walmart had partnered with popular altcoin Litecoin. The news was widely celebrated by crypto fans, and the price of Litecoin along with the rest of the crypto market surged heavily in minutes. However, within an hour, both Walmart and the Litecoin Foundation denied any relationship, that news quickly crashing the market. The cryptocurrency-infused financial

BAT, Stellar Lumens, VeChain Price Analysis: 07 August

Bitcoin’s latest attempt to climb on the charts has been met by some degree of success, with the world’s largest cryptocurrency, after a long time, managing to hold a level above the psychological resistance of $10,000. At press time, Bitcoin was being traded at $11,736 with a trading volume of $8.3 billion.Source: CoinStatsSuch success was underlined by the fact that while BTC failed in its attempt to sustain a breach of $12,000, it didn’t fall below $11,000, implying that Bitcoin is again building up strength before its next effort. The

The Bulls Are Back in the Digital Asset Market

Hope you had an excellent weekend. It’s become a bit of a rarity lately while bitcoin was sitting flat, but now that crypto is in a bull market again, I suppose it makes sense to see some volatility over the weekend. Hope it’s not surprising to anyone. Stocks are moving up, precious metals are marching higher, and capital is flowing toward new age financial technology in a way that we’ve never really seen before. There’s a lot more liquidity these days, and it has been floating into all sorts of

Revolut Offers Cryptocurrency Service to its 7 Million Users Amid COVID-19 Crisis

The outbreak of the Coronavirus pandemic has affected the economic growth of many countries around the world.  Most financial institutions are forced to proffer different initiatives to mitigate the harsh effect of the virus on the global financial market. Central banks continue to print more banknotes to stimulate the economy in the fight against the outbreak. However, many reports have revealed that banknotes are potentially not safe during this time as they could help transmit the virus from one person to another. There is also the fear that excess money

Revolut Reacts To Corona Crisis, Pushes out New Crypto Support

Revolut, a digital banking app, has recently rolled out its cryptocurrency services to all of its standard users. This comes alongside a statement from the app itself that it widened its access earlier due to the current global economic crisis.This Is No April Fools’On the first of April, 2020, the UK-based fintech service provider made the announcement that it will allow for cryptocurrency accounts and trading to all of its standard users, with a 1.5% flat fee per trade. Before this announcement, these services were reserved only to its Premium