Cardano

Solana

Polygon

Coin

<ul class="news-points"> 
 <li>Revolut to delist Solana, Polygon, and Cardano crypto tokens in the U.S.</li> 
 <li>This was a result of the prior SEC lawsuit against Coinbase and Binance exchanges.</li> 
 <li>The value of these tokens (SOL, MATIC, and ADA) is expected to fall further.</li> 
</ul> 
The UK-based neo-bank Revolut has notified many of its users through email that they will delist <a href="https://coinedition.com/tag/solana-sol/">Solana (SOL)</a>, Polygon (MATIC), and Cardano (ADA) crypto tokens in the U.S. Bakkt, Revolut’s digital services provider also announced that it would delist these tokens due to the lack of regulatory clarity. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
 <img decoding="async" src="https://coinedition.com/wp-content/uploads/2023/07/Revolut-1.png" alt="" class="wp-image-305243" width="617" height="455" srcset="https://coinedition.com/wp-content/uploads/2023/07/Revolut-1.png 823w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-300x221.png 300w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-238x175.png 238w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-380x280.png 380w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-768x566.png 768w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-532x392.png 532w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-95x70.png 95w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-121x89.png 121w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-194x143.png 194w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-604x445.png 604w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-335x247.png 335w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-326x240.png 326w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-224x165.png 224w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-287x211.png 287w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-251x185.png 251w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-110x81.png 110w, https://coinedition.com/wp-content/uploads/2023/07/Revolut-1-102x75.png 102w" sizes="(max-width: 617px) 100vw, 617px">
 <figcaption class="wp-element-caption">
 Screenshot of a Revolut email sent to its users (Source: Coin Telegraph)
 </figcaption>
 </figure>
</div> 
The official email also informed customers of the following: Users can withdraw all three tokens from their account before September 18. Meanwhile, all remaining tokens will be sold at market value and converted into dollar deposits after that. 
Revolut’s spokesperson also added that there are no plans to remove these tokens from other markets. Ever since the SEC filed lawsuits against the top cryptocurrency exchanges like Binance and Coinbase, alleging that they provide “<a href="https://coinedition.com/sec-adds-a-dozen-tokens-to-the-list-of-unregistered-securities/">unregistered securities</a>” to their customers, the regulatory landscape has been sh…
The post <a rel="nofollow" href="https://coinedition.com/revolut-to-delist-solana-polygon-and-cardano-due-to-sec-lawsuit/">Revolut to Delist Solana, Polygon, and Cardano Due to SEC Lawsuit</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Revolut to Delist Solana, Polygon, and Cardano Due to SEC Lawsuit

Coin Edition

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