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Revolut to delist USDT stablecoin by end of August due to regulatory risks

Market News
04 Jul 2026
Coincu
View Source
Bearish
pluang ai news

Revolut announced it will remove support for USDT, the largest stablecoin, from its platform by the end of August citing regulatory and risk concerns related to EU crypto rules. Users must act before the deadline to sell, convert, or withdraw USDT holdings. This move reflects growing regulatory pressures on stablecoins in fintech apps but does not affect USDT's availability on other platforms or blockchain networks. Revolut users will need to switch to other supported stablecoins or exit their USDT positions on the app before the cutoff.

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Austrian investors can offset Bitcoin losses against dividends and some investment income for tax benefits.

Austrian investors can offset Bitcoin losses against dividends and some investment income for tax benefits.

In Austria, investors can offset realized Bitcoin losses against dividends and certain other investment income for tax purposes, reducing taxable income. This offset must occur within the same calendar year and is not automatic across different finan...

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Western Star starts field program to advance Eagle Point tungsten project in New Mexico toward drilling.

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Global oil demand to drop 1.6 million barrels/day in 2026 amid Strait of Hormuz tensions

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The International Energy Agency (IEA) has raised its forecast for the decline in global oil demand in 2026 to 1.6 million barrels per day, up from the previous estimate of nearly 1 million barrels. This sharper drop is driven by ongoing high fuel pri...

Market News
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Major Cardano holders reduce ADA positions after price rebound, signaling potential market pullback.

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Large Cardano (ADA) holders have quietly reduced their positions following a price rebound above $0.20, with wallets holding 1M-10M ADA dropping from 2,370 to 2,340 in nine days. This coordinated selling coincides with technical indicators signaling ...

Technical Signals
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Xphere launches XP Union Vault with real yield staking and token burn model

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