What the FCA’s Crypto Derivatives Ban means for you

You might have seen the recent news about the FCA’s crypto derivatives ban and had some questions about what this means for you and your crypto?

The good news is that you don’t have to worry because the ban doesn’t affect Revolut’s current cryptocurrency offering. This is because the ban only applies to derivatives and exchange-traded notes (ETNs). We don’t provide these products. Instead, we buy and hold crypto on our customers’ behalf.

Our crypto services will therefore continue, unchanged, after 6 January 2021.

Our mission is to make our crypto feature as easy and safe to use as possible. We are continuing to add all the great features people expect from a crypto platform, but also features that currently haven’t been seen before, so watch this space!