UK digital bank Revolut delists Cardano, Polygon, and Solana

ChainCatcher news, the UK digital bank Revolut stated in an email to its US users that due to changes in US laws and regulations, US users will no longer be able to purchase Cardano (ADA), Polygon (MATIC), and Solana (SOL) through its app, effective immediately. Subsequently, users will not be able to hold or sell these cryptocurrencies on the platform, with a specific date yet to be determined. After that date, Revolut will automatically sell these tokens and deposit the equivalent cash into each user's Revolut account.

Although the company did not specifically mention the ongoing lawsuits against Coinbase and Binance by the US SEC, both cases list ADA, MATIC, and SOL as securities. (source link)