🇺🇦 Ukraine: Revolut suspends new user registrations over regulatory dispute

🇺🇦 Ukraine: Revolut suspends new user registrations over regulatory dispute

British-Lithuanian fintech Revolut has temporarily halted the registration of new customers in Ukraine, due to an ongoing dispute regarding its legal and regulatory status in the country.

➡️ Dispute with the National Bank of Ukraine (NBU): The regulator insists that Revolut requires a local banking license to operate in the country, while the company claims it’s not necessary, as it only offers cross-border services through EU accounts.

➡️ In a statement, Revolut noted that “users in Ukraine can join the waiting list while we work to resume registrations.”

➡️ Existing accounts remain unaffected and continue to operate normally.

#news #EasternEurope #p2p

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