Pundi X: PUNDIX token now listed on Revolut
Pundi X has released its Q1 2024 report and Q2 roadmap, which states that the originally planned work of listing the PUNDIX token on a new exchange in the Q2 roadmap has been completed, and it is reported that the PUNDIX token has been listed on Revolut. In addition, Pundi X revealed that its developers are working on an artificial intelligence plan and are expected to disclose more details in the Q2.
Digital bank Revolut expects revenue to exceed £1.5bn in 2023
On December 20th, it was reported that UK digital bank Revolut is expected to generate revenue exceeding £1.5 billion (approximately $1.9 billion USD) by 2023. According to unaudited financial reports, Revolut's average monthly revenue in the first half of 2023 is estimated to be around £125 million. Sources have revealed that Revolut currently adds approximately 300,000 new users per week and has nearly 40 million customers worldwide.
Revolut Temporarily Halts Crypto Services in UK Ahead of New Advertising Rules
Revolut, a fintech company offering online banking services, has temporarily suspended its crypto services for UK customers in preparation for upcoming advertising rule changes by the Financial Conduct Authority (FCA). Starting January 3, 2024, digital asset traders in the UK will no longer have access to Revolut's business platform. However, customers can still sell and store their crypto holdings on the platform without restrictions. Revolut's decision is in line with other companies, such as Bybit and Binance, who have also exited the UK market due to the new advertising laws.