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Revolut to suspend crypto trading for UK business customers as City regulator prepares new rules

By Lars Mucklejohn Revolut is set to pause some of its cryptocurrency services for businesses in the UK after the City regulator said it would publish new rules for crypto assets in the new year. An email seen by City A.M. from the fintech on Monday said it would pause UK customers’ ability to buy crypto via Revolut Business from 3 January 2024. Business customers will still be able to hold and sell crypto, while Revolut Retail customers will be unaffected. The fintech said it was suspending the services to give it more time to adjust to new requirements set by the Financial Conduct Authority …