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Revolut Partners with MetaMask for Direct Crypto Purchases: Streamlined Access to Tokens for UK and EEA Customers

    London-based fintechFinTech Sector that combines finance and technology, whose companies develop technologically innovative financial services. firm Revolut has announced a new integration with MetaMask, enabling direct cryptocurrency purchases for customers in the United Kingdom and the European Economic Area (EEA). This integration allows Revolut clients to use their fiat currency balances, debit, and credit cards to purchase tokens directly into their MetaMask wallets, supporting over 20 different tokens, including Ether, USD Coin, Tether, and Shiba Inu. The move comes amidst regulatory challenges, with Revolut having recently reviewed its crypto services due to new regulations. One of the integration’s key features is streamlined Know Your Customer (KYC) checks, leveraging existing verification processes within the Revolut app. This partnership aims to provide users with more control over their crypto assetsAsset An economic resource with value that an individual or organization owns, controls, or expects future benefits from. Examples of assets: gold, stocks, cryptocurrencies, etc. and foster broader adoption of cryptocurrencies. (Source: Cointelegraph)