Revolut, a digital banking platform, has announced that it will delist Cardano’s ADA, Polygon’s MATIC, and Solana’s SOL tokens from its platform for US customers. The decision is based on changing laws and regulations surrounding cryptocurrency in the US. However, these tokens will still be available in other markets. The Securities and Exchange Commission (SEC) has claimed that these tokens are securities. The SEC pointed out that the burning marketing campaigns of SOL and MATIC gave investors the impression that they could make a profit. Revolut’s delisting comes as a response to these regulatory concerns.
AI Sentiment: Negative
