Revolut now requires you to provide the name of the recipient when sending bitcoin to an unhosted wallet.
They sent an email yesterday to announce the new rules, and at the same time blocked all withdrawals from the app. You had to upgrade to the latest version (deployed today) before being allowed to withdraw your sats.
I've just cancelled my daily and weekly recurring orders, and withdrawn the remaining 190,000 sats to Mr. Pika Chu's wallet.
The order has been pending for half an hour, maybe a human agent needs to review and approve?
How do they validate the authenticity of the information? What if I had entered your name?
Eric T
npub1ll…398ja
2023-09-01 17:15:22
Author Public Key
npub1llfht66qadyxv44q9rkmequztav07r2ufgd6ytl8w3wjs3ffa5yqy398jaPublished at
2023-09-01 17:15:22Event JSON
{
"id": "cd41fb910548d581c94e840e0d7d0e2ed098ee2f2dfa342c4aa9dcfeb0663012",
"pubkey": "ffd375eb40eb486656a028edbc83825f58ff0d5c4a1ba22fe7745d284529ed08",
"created_at": 1693588522,
"kind": 1,
"tags": [],
"content": "Revolut now requires you to provide the name of the recipient when sending bitcoin to an unhosted wallet.\n\nThey sent an email yesterday to announce the new rules, and at the same time blocked all withdrawals from the app. You had to upgrade to the latest version (deployed today) before being allowed to withdraw your sats.\n\nI've just cancelled my daily and weekly recurring orders, and withdrawn the remaining 190,000 sats to Mr. Pika Chu's wallet. \n\nThe order has been pending for half an hour, maybe a human agent needs to review and approve?\n\nHow do they validate the authenticity of the information? What if I had entered your name?\n",
"sig": "608f89f1a77fee992dc1427acff53a3ff8f47f023b0513f2176a7036c7edaf39521ef871f7d2a6909793c56361f5226de150acee703821353c79f834d2f8f2e8"
}