The impact of regulatory uncertainty on the US crypto market continues to make waves. In the wake of recent developments, superapp Revolut has decided to halt its crypto services in the United States due to an unstable regulatory environment. This decision reflects the challenges faced by companies operating in this evolving landscape.
Jesper Johansen, CEO and founder at Northstake, highlights the importance of regulatory clarity for both US businesses and international players like Revolut to remain competitive. He emphasizes that positive regulatory changes can trigger increased investments and activities in the crypto space.
Read full article here: https://thefintechtimes.com/lack-of-us-crypto-regulations-drives-away-market-participants-as-revolut-to-shut-down-crypto-service/