UK app - based bank Revolut is set to launch support for cryptocurrencies including bitcoin , ethereum and litecoin . Customers will be bale to buy , hold and sell the digital currencies as well as enable their transfer between Revolut accounts . CEO Nikolay Storonsky said cryptocurrencies were " definitely not a fraud " , in contrast to comments made by his JPMorgan colleague Jamie Dimon . Storonsky compared bitcoin to gold , whose transaction volumes were mostly data - driven , with much smaller percentages of real - world usage .
UK app-based bank Revolut is set to launch support for cryptocurrencies including bitcoin, ethereum and litecoin. Customers will be bale to buy, hold and sell the digital currencies as well as enable their transfer between Revolut accounts. CEO Nikolay Storonsky said cryptocurrencies were "definitely not a fraud", in contrast to comments made by his JPMorgan counterpart Jamie Dimon. Storonsky compared bitcoin to gold, whose transaction volumes were mostly speculation-driven, with much smaller percentages of real-world usage.