Na The Daily Hodl - 10 marama ki muri - Te Wa Panui: 2 meneti
Revolut Drops Solana (SOL), Cardano (ADA) and Polygon (MATIC) I roto i te Katinga Ture: Ripoata
Financial app Revolut is no longer allowing US customers to trade Solana (Tuhinga), Cardano (ADA) me te Polygon (MATIKI).
According to a new Bloomberg report, the United Kingdom (UK) company is porotaka the three altcoins after its provider Bakkt, the digital asset marketplace, announced in June it was removing support for the tokens until there is more regulatory clarity.
The delisting comes after the U.S. Securities and Exchange Commission (SEC) labeled the tokens as unregistered securities in separate lawsuits filed last month against top crypto exchanges Coinbase and Binance.
According to the report, Revolut’s US customers have until Sept. 18th to sell or move their tokens off the platform.
Afterward, the platform will automatically sell the tokens at the market price and deposit the proceeds into the customers’ accounts.
Revolut says it has no plans to delist the tokens in markets outside of the United States.
Other platforms have made similar moves since the SEC lawsuits.
Te kaha hopukia the same three tokens last month, and popular social trading platform eToro mutu purchases of layer-2 scaling solution Polygon along with smart contract platform Algorand (ALGO), metaverse Decentraland (MANA) and privacy-focused protocol Dash (Pīhono).
According to Bloomberg, Mike Novogratz, the founder of Galaxy Digital Holdings, said last month that institutional investors were wary of crypto investing after the SEC lawsuits. However, he said apps like Square, Robinhood and Revolut saw “constant, small, little buying every day of retail ‘hodlers.’”
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Ko te pou Revolut Drops Solana (SOL), Cardano (ADA) and Polygon (MATIC) I roto i te Katinga Ture: Ripoata i puta tuatahi Te Hodl Daily.
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