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Digital bank Revolut delays plans to launch native cryptocurrency RevCoin due to FTX incident

Robin wu by Robin wu
03/01/2023
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Digital bank Revolut has now delayed plans to launch its native cryptocurrency RevCoin. According to people familiar with the matter, Revolut was originally scheduled to launch RevCoin by the end of 2022.

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But after the FTX incident in November, Revolut decided to suspend distribution. A Revolut spokesperson stated that we are reviewing market conditions and assessing the best time to launch RevCoin in the coming months.

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  • ZachXBT: The stolen funds from the crypto exchange BitoPro are suspected to have been leaked out and sold through DEX 06/03/2025
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