Revolut, the leading financial technology company, plans to expand its global cryptocurrency team by hiring more employees. Despite recently suspending digital asset services for US customers, the company aims to onboard over 1,000 people this year, with approximately 40% joining the UK unit. Revolut is specifically seeking candidates for crypto compliance and investigations positions in Spain, India, and Poland. The fintech giant intends to increase its crypto headcount by one-fifth before the end of the year. This hiring spree could indicate Revolut’s continued commitment to the digital asset industry, despite the suspension of services for American clients due to regulatory uncertainty and market uncertainties.
Key Points:
– Revolut plans to hire more employees for its global cryptocurrency team
– Despite suspending services for US customers, the company aims to onboard over 1,000 people this year
– Approximately 40% of the new hires will join the UK unit
– Revolut is seeking candidates for crypto compliance and investigations positions in Spain, India, and Poland
– The company intends to increase its crypto headcount by one-fifth before the end of the year
Hot Take:
Revolut’s decision to expand its cryptocurrency team indicates its long-term commitment to the digital asset industry. Despite the suspension of services for American clients, the company recognizes the potential and growth opportunities in the crypto market globally. By hiring more employees and focusing on compliance and investigations, Revolut is positioning itself to navigate the evolving regulatory environment and continue its expansion in this sector.
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