Revolut Introduces Crypto Trading In Singapore Despite Chances Of New Restrictions

Revolut Introduces Crypto Trading In Singapore Despite Chances Of New Restrictions

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Revolut Introduces Crypto Trading In Singapore Despite Chances Of New Restrictions

Bitcoinist.com12 days ago
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Published on August 06, 2022 01:00 GMT+00:00edited on August 07, 2022 13:49 GMT+00:00

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Revolut has launched a cryptocurrency service in Singapore. Many firms have depicted unwavering belief in the market despite the downturn.

Singapore recently has been lacking clarity in terms of the restrictions that are supposed to be imposed in the crypto industry.

Some companies have been severely affected during the bloodbath, however, some have continued to move forward with their expansion plans.

Recently, BlackRock, the investment management company collaborated with Coinbase to extend cryptocurrency access to its clients.

In the similar vein, Revolut has unveiled its crypto service in Singapore. Along with this, Revolut also plans to increase their headcount by 20%.

At the moment, the Fintech company has received approval from Singapore Monetary Authorities.

The company has …