"The question, 'Where is the real gold price?' 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. The new service comes after a number of banks have announced plans in recent months to offer services that allow customers to buy or exchange digital currencies. Storonsky compared bitcoin to gold, whose transaction volumes were mostly speculation-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. The new service comes after a number of banks have announced plans in recent months to offer services that allow customers to buy or exchange digital currencies. Storonsky compared bitcoin to gold, whose transaction volumes were mostly speculation-driven, with much smaller percentages of real-world usage.