Revolutionthe London-based digital banking giant with over 40 million customers worldwide, has officially launched its highly anticipated Revolut
Commenting on this monumental development, Alex Saleh, Head of Partnerships at Blockchain protection company, said Coin cover, heralds Revolut’s foray into the crypto exchange arena as a transformative moment for the UK crypto ecosystem. Saleh highlights the crucial role of Revolut’s launch in overcoming previous regulatory uncertainties that hampered innovation within the sector.
“Revolut’s launch of its new crypto exchange is a significant advancement in the UK crypto industry and demonstrates a significant turnaround from the regulatory uncertainty that has hampered innovation in the space,” Saleh claims.
Additionally, Saleh commends Revolut’s steadfast commitment to compliance and security, calling it a cornerstone of the company’s strategy. By prioritizing a compliance-first approach, Revolut is setting a precedent for responsible crypto trading practices that align with institutional standards, promoting trust and credibility within the market.
“It is very positive to see Revolut putting a lot of emphasis on its compliance-first strategy,” Saleh notes. “With robust compliance and security measures, it sets an example for a mature approach to crypto trading that aligns with institutional standards and should help build trust in the market.”
Saleh also underlines the importance of Revolut
“Now Revolut’s millions of users can take a stab at using an advanced trading platform that supports funds 1:1, something that still haunts traders after the fallout from the FTX,” Saleh notes.
In light of Saleh’s comments, Revolut’s debut of Revolut compliance and trust within the fast-growing crypto market.