The audits of pro-cryptocurrency bank Revolut reportedly had problems, as reported by the Financial Times, United Kingdom. A Financial Reporting Council (FRC) assessment from July said that the audit of a certain corporation (which was not identified) had flaws. The FRC said that there was “the risk of an undetected
The European digital bank has increased its backing for cryptocurrencies in recent days. Revolut is the pioneer recipient of the commission’s crypto asset authorization. The Cyprus Securities and Exchange Commission (CYSEC) has given Revolut permission to provide cryptocurrency services to European consumers. This makes Revolut the pioneer recipient of the
Uk-based challenger bank Revolut announced that the paid customers will be able to withdraw bitcoin from the platform. However, the announcement post has been deleted now. Moreover, British financial technology company Revolut offers a range of digital banking services in a mobile app targeted at young tech-savvy users. Revolut allows
