Revolut will ‘temporarily pause’ UK business crypto purchases due to FCA rules

Revolut is temporarily pausing the ability to buy crypto for UK Business customers. 

According to an email seen by Blockworks, the pause goes into effect on Jan. 3 ahead of a new set of rules from the Financial Conduct Authority which go into effect on Jan. 8. Other Revolut customers will not be impacted by the pause.

The FCA is implementing crypto investment requirements, and Revolut noted that the “requirements aim to enhance the customer journey and provide additional protection for new and existing investors of crypto assets.”

“This pause won’t impact your ability to hold or sell crypto via Revolut Business, or affect any other tools and features you use with us,” the…

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