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Revolut to boost crypto team by 20% despite US exit

Digital lender eyes growth in other jurisdictions after pulling back from the US crypto market

Revolut boss Nikolay Storonsky isn't backing down after receiving a UK crypto license in September
Revolut boss Nikolay Storonsky isn't backing down after receiving a UK crypto license in September Photo: Piaras O Midheach/Getty Images

Challenger bank Revolut is expanding its crypto team despite regulatory headwinds.

The firm will increase its global crypto headcount by roughly 20% by the end of 2023, a person familiar with the matter told Financial News, even after it pulled out of the US earlier this month.

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