Exactly. Revolut is a bank that allows cryptocurrencies.
HN really is living in their own bubble.
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For those who can’t use Revolut: WealthSimple in Canada and Chase in the US offer custodial cryptocurrency accounts.
Revolut does not have a banking license in the US. At the moment they are a front for another bank. Don't be gullible and believe blindly what the marketing departments tell you.
> Revolut does not have a banking license in the US.
The US is not the entire world.
Revolut has major banking licenses in Europe, UK and Mexico. That doesn't mean it is not bank.
Wells Fargo does not operate in the UK, but it is still a major bank in the US and it is still a bank.
Royal Bank of Scotland (RBS) is a bank in the UK. Just because it doesn't operate in the US, does not mean it isn't a bank.
> Don't be gullible and believe blindly what the marketing departments tell you.
Revolut is still a major bank even if they don't operate in the US (yet).
It works in Europe, which is one of the few advantages we have over the US.
No it doesn't. You can gamble with it, but it doesn't let you own or send it.
> No it doesn't.
Yes it does.
> You can gamble with it, but it doesn't let you own or send it.
You can deposit (receive) and withdraw (send) cryptocurrencies there.
"Owning" is a matter at the private key level which of course you use a self-hosted wallet for "true" ownership. But no argument was made on ownership.
My point still stands that Revolut is a bank that allows cryptocurrencies.
It doesn't let me, it says says sending crypto is temporarily blocked. Maybe they just blocked me.
Highly country specific