Crypto staking services of Digital Bank Revolt are once again available to their customers after stopping for a few weeks, a spokesperson of the company told Coindesk on Friday.
The company stopped most of its crypto services for customers in Hungary on 7 July. Because of a new law This criminal trade on unlicensed crypto platforms, but a spokesperson told Coindesk on Friday that Rivolut was comfortable to bring back stacking. The spokesman said it had already resumed the return.
After further analysis regarding its legal status, Revolt is capable of resumption of (staking) services as only Crypto-asset exchanges are occupied by the modified law, “the company’s spokesperson said in response to an email request for the comment.
Revolt’s Hungary customers are now able to participate in stacking, where participants can verify the transaction on blockchain networks and earn prizes on tokens through their app, and stop stake at any time.
Other crypto services of the company are still in a break, its spokesperson said that the new crypto deposits have not been accepted currently, but the existing deposits in the app can be sent to another wallet.
Revolt is also trying to follow markets in the Crypto Assets Act, which requires firms to be able to operate in the block of 27 countries to obtain licenses in at least one European Union State. By June 30, customers are unable to open To comply with new account asbestos in Netherlands, Finland, Hungary, Latvia and SloveniaRevolut does not have a MICA license yet.
