Online banking start-up Revolut will begin supporting cryptocurrency within the next few weeks. “The challenge in implementing crypto was not so much a technical challenge, but one of dealing with how bitcoin and cryptocurrencies are perceived in the financial space, and how this affects partner relationships. The company has announced that it is working with a number of banks to support its new digital currency called Revolut. Customers will be able to convert money instantly into the digital currencies and complete transactions with them. External balance transfers will not initially be possible, although the company expects to introduce this function in the near future.
Online banking start-up Revolut will begin supporting cryptocurrency within the next few weeks. The company has announced that it is working with a number of banks to support its new digital currency called Revolut. Customers will be able to convert money instantly into the digital currencies and complete transactions with them. External balance transfers will not initially be possible, although the company expects to introduce this function in the near future.