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Another major TradFi is making headlines in crypto.Last week, fintech giant Revolut began sending invitations to select customers for a cryptocurrency exchange currently under development.According to media reports, the exchange will be a &#34;standalone cryptocurrency exchange designed to cater to advanced traders&#34;.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/70c1886add2b4d758bef06e92065dd72.png" />Image from <a href="https://images.unsplash.com/photo-1572798793834-67d5e285760d?q&#61;80&amp;w&#61;1974&amp;auto&#61;format&amp;fit&#61;crop&amp;ixlib&#61;rb-4.0.3&amp;ixid&#61;M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D" rel="noopener noreferrer nofollow">Kaysha</a>A spokesperson at Revolut stated, &#34;The standalone cryptocurrency exchange is one of our future developments. However, more information will only be released when the product becomes available in the app. Currently, this product is accessible by invitation only, and we will gradually extend invitations to more customers.&#34;The target demographic of the proposed exchange, &#34;advanced traders,&#34; has yet to be clearly defined. But drawing from semantics, the term implies seasoned traders, likely with substantial portfolios.According to CoinDesk, a customer email also hinted that users should expect &#34;enhanced analytical tools and reduced fees.&#34;Revolut, widely used in the UK and Europe for fiat transactions, announced in December its intention to &#34;temporarily pause&#34; crypto purchases for UK businesses in response to new regulations from the UK&#39;s Financial Conduct Authority. This pause took effect early last month.Last August, the digital neobank announced its decision to suspend crypto services for US customers starting in October of the same year. This move is not surprising, given the challenging regulatory environment created by financial regulators in the US.Catch up on our published articles for the week!NEWS<ul><li>Uniswap Foundation Announces Q3 2024 Launch for Uniswap V4, Teases ‘Hooks’ and Other Enhanced Features &gt;&gt;&gt;<a href="https://defi-planet.com/2024/02/uniswap-foundation-announces-q3-2024-launch-for-uniswap-v4-teases-hooks-and-other-enhanced-features/" rel="noopener noreferrer nofollow"> Learn more. </a></li><li>Aptos Partners with Jambo to Launch $99 SmartPhone and Increase Access to Crypto in Emerging Markets &gt;&gt;&gt;<a href="https://defi-planet.com/2024/02/aptos-partners-with-jambo-to-launch-99-smartphone-and-increase-access-to-crypto-in-emerging-markets/" rel="noopener noreferrer nofollow"> Learn more </a></li><li>Analyst Predicts Widespread Bitcoin Adoption as MicroStrategy Nears S&amp;P 500 Inclusion &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/analyst-predicts-widespread-bitcoin-adoption-as-microstrategy-nears-sp-500-inclusion/" rel="noopener noreferrer nofollow">Learn more </a></li><li>GoFundMe Allegedly Cancels Tornado Cash Lawsuit Fundraiser, Organizers Seek Clarification &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/gofundme-allegedly-cancels-tornado-cash-lawsuit-fundraiser-organizers-seek-clarification/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Gold ETFs Bleed $2.39 Billion Amid Bitcoin ETFs’ Soaring $4.1 Billion Inflows &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/gold-etfs-bleed-2-39-billion-amid-bitcoin-etfs-soaring-4-1-billion-inflows/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Binance Labs Backs Three Crypto Startups in Latest Incubation Round &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/binance-labs-backs-three-crypto-startups-in-latest-incubation-round/" rel="noopener noreferrer nofollow">Learn more </a></li><li>OpenAI and Microsoft Join Forces to Prevent State-Linked Cyberattacks &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/openai-and-microsoft-join-forces-to-prevent-state-linked-cyberattacks/" rel="noopener noreferrer nofollow">Learn more </a></li><li>DEBT Box Opposes SEC’s Attempt to Dismiss Case, Accuses the Agency of Seeking Preferential Treatment &gt;&gt;&gt;<a href="https://defi-planet.com/2024/02/debt-box-opposes-secs-attempt-to-dismiss-case-accuses-the-agency-of-seeking-preferential-treatment/" rel="noopener noreferrer nofollow"> Learn more. </a></li><li>StarkWare to Launch STRK Token Distribution on February 20 &gt;&gt;&gt;<a href="https://defi-planet.com/2024/02/starkware-to-launch-strk-token-distribution-on-february-20/" rel="noopener noreferrer nofollow"> Learn more </a></li><li>Japan Urges Banks to Tighten Protections on Crypto Transactions Following Rise in Fraud Cases &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/japan-urges-banks-to-tighten-protections-on-crypto-transactions-following-rise-in-fraud-cases/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Australian Police Officer Faces Trial for Alleged Theft of 81 BTC in Drug Trafficking Probe &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/australian-police-officer-faces-trial-for-alleged-theft-of-81-btc-in-drug-trafficking-probe/" rel="noopener noreferrer nofollow">Learn more </a></li><li>CoinShares Reports $108.5 Million Annual Revenue, AUM Hits $3.8 Billion in Q4 2023 &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/coinshares-reports-108-5-million-annual-revenue-aum-hits-3-8-billion-in-q4-2023/" rel="noopener noreferrer nofollow">Learn more </a></li><li>Franklin Templeton Joins Others in Pursuit of Spot Ether ETF, Submits S-1 Form to SEC &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/franklin-templeton-joins-others-in-pursuit-of-spot-ether-etf-submits-s-1-form-to-sec/" rel="noopener noreferrer nofollow">Learn more </a></li><li>MicroStrategy’s Michael Saylor Eyes Transition to Bitcoin-Focused Solutions, Says the Demand for Bitcoin Products is 10x the Supply &gt;&gt;&gt;<a href="https://defi-planet.com/2024/02/microstrategys-michael-saylor-eyes-transition-to-bitcoin-focused-solutions-says-the-demand-for-bitcoin-products-is-10x-the-supply/" rel="noopener noreferrer nofollow"> Learn more. </a></li></ul>ARTICLES<ul><li>Building Secure Blockchains: Why Testnets Are Important For Most Projects &gt;&gt;&gt; <a href="https://defi-planet.com/2024/02/building-secure-blockchains-why-testnets-are-important-for-most-projects/" rel="noopener noreferrer nofollow">Learn more </a></li></ul>Spotlight on interesting projectsTezoro<a href="https://tezoro.io/" rel="noopener noreferrer nofollow">Tezoro</a> is a non-custodial service that allows you to reduce the risk of losing your crypto by ~100 times by creating a backup: a smart contract that can withdraw crypto from your wallet and transfer it to a backup address even if you&#39;ve already lost access to your wallet or died.Tezoro is a non-custodial service. It helps you to prepare your backup, and you confirm it via your MetaMask and deploy it directly to the blockchain.Nobody, including Tezoro, can change the amount or replace the backup address. The only thing you allow it to do is initiate the transfer at the moment you need it.For more information, visit <a href="https://tezoro.io/" rel="noopener noreferrer nofollow">https://tezoro.io/</a><img src="https://academy-public.coinmarketcap.com/optimized-uploads/00ab4afd455a4e838f9dcf42f603c34a.jpeg" />If you want more content like this, visit <a href="https://defi-planet.com/" rel="noopener noreferrer nofollow">DeFi Planet</a> and follow us on <a href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow">Twitter</a>, <a href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow">LinkedIn</a>, <a href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow">Facebook</a>, <a href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow">Instagram</a>, <a href="https://medium.com/&#64;defi-planet" rel="noopener noreferrer nofollow">Medium</a>. and <a href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow">CoinMarketCap Community</a>.

Weekly Round-Up #91 | Revolut to Expand Offerings with Proposed New Cryptocurrency Exchange 💱

DeFi Planet

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