{"id":19635,"date":"2023-06-30T12:59:34","date_gmt":"2023-06-30T12:59:34","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/revolut-us-to-delist-ada-matic-and-sol-in-september\/"},"modified":"2023-06-30T12:59:36","modified_gmt":"2023-06-30T12:59:36","slug":"revolut-us-to-delist-ada-matic-and-sol-in-september","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/revolut-us-to-delist-ada-matic-and-sol-in-september\/","title":{"rendered":"Revolut US to delist ADA, MATIC and SOL in September"},"content":{"rendered":"<div data-v-0c8d7d80=\"\">\n<p>Cryptocurrency-friendly neobank Revolut is next to delist a batch of digital assets on its platform in the United States amid the ongoing regulatory developments in the country.<\/p>\n<p>Revolut is preparing to completely delist tokens like Cardano (ADA), Polygon (MATIC) and Solana (SOL) from its platform in September, a spokesperson for the firm told Cointelegraph.<\/p>\n<p>On June 29, Revolut notified its U.S. customers about the change, stating that buying ADA, MATIC and SOL is immediately closed for all customers. Revolut users will still be able to hold and sell these tokens until Sept. 18, the representative noted.<\/p>\n<p>\u201cAny remaining tokens will be sold on your behalf using the market price at the time of sale. We\u2019ll deposit the USD proceeds into your Revolut account,\u201d the firm wrote in the announcement to U.S. customers.<\/p>\n<p>Revolut said that the tokens are being delisted due to developments in its U.S. infrastructure.<\/p>\n<p>\u201cOur U.S. crypto services provider has decided to delist these tokens due to the changing laws and regulations around cryptocurrency in the United States,\u201d Revolut stated.<\/p>\n<figure><figcaption style=\"text-align: center;\"><em>Revolut\u2019s message to U.S. customers about ADA, MATIC and SOL. Source: Revolut<\/em><\/figcaption><\/figure>\n<p>A spokesperson for Revolut emphasized that the firm still supports the ADA, MATIC and SOL in other jurisdictions outside the United States, stating:<\/p>\n<blockquote><p>\u201cThere are no plans to delist these tokens in other markets, where they remain available.\u201d<\/p><\/blockquote>\n<p>The representative also told Cointelegraph that the amount of supported cryptocurrencies on Revolut varies a lot per location. \u201cThe European Economic Area plus the United Kingdom have over 115 cryptocurrencies and the U.S. has over 90,\u201d the spokesperson said.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Era of trading crypto as non-securities is over, says exchange exec<\/em><\/strong><\/p>\n<p>Revolut is not alone in delisting these particular three tokens. Companies like Robinhood, eToro and Bakkt all announced ADA, MATIC and SOL delistings over the past few weeks, immediately halting purchases.<\/p>\n<p>As previously reported, ADA, MATIC and SOL were labeled as unregistered securities by the U.S. Securities and Exchange Commission in early June. The allegations came as part of two different actions against major cryptocurrency exchanges, Binance and Coinbase.<\/p>\n<p><strong><em>Magazine:\u00a0Asia Express: Huobi sues \u2026 Huobi? 3AC rises from ashes, Korea crypto contagion<\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency-friendly neobank Revolut is next to delist a batch of digital assets on its platform in the United States amid the ongoing regulatory developments in the country. Revolut is preparing to completely delist tokens like Cardano (ADA), Polygon (MATIC) and Solana (SOL) from its platform in September, a spokesperson for the firm told Cointelegraph. On [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-19635","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Revolut US to delist ADA, MATIC and SOL in September | NFT &amp; Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/crypto\/revolut-us-to-delist-ada-matic-and-sol-in-september\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Revolut US to delist ADA, MATIC and SOL in September | NFT &amp; Crypto News\" \/>\n<meta property=\"og:description\" content=\"Cryptocurrency-friendly neobank Revolut is next to delist a batch of digital assets on its platform in the United States amid the ongoing regulatory developments in the country. Revolut is preparing to completely delist tokens like Cardano (ADA), Polygon (MATIC) and Solana (SOL) from its platform in September, a spokesperson for the firm told Cointelegraph. 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