Challenger bank startup Revolut has amended its terms and conditions, giving users ‘beneficial rights’ to digital currency bought through their platform. The change in terms follows the U.K. bank allowing all customers access to digital currency trading for the first time, having previously been reserved to its Metal and Premium users. While users will not be able to carry out the transactions themselves or send funds to an address other than one held by another Revolut customer, the change in terms means they will have rights to the financial value of the digital currency bought through the platform. The distinction gives users legal title to their digital currency on the platform for the first time, giving them the freedom to direct what happens to their money. “You will own the rights to the financial value of any cryptocurrency we buy for you. We will hold it on your behalf and you will have a right (called a ‘beneficial right’) to it. This means you can tell us when to sell or transfer it (within the limits of these terms and conditions). You have complete control of your cryptocurrencies, and we will only act upon instructions you give us. You will not be able to carry out transactions yourself.” The title to the digital currency is limited by the terms, and users are only able to transfer to other Revolut users through the app. This means users can pass title to buyers within the Revolut ecosystem, but are unable to move the digital currency to wallets not controlled by the bank. Furthermore, the terms mean it is no longer possible to pay in crypto via a Revolut card. Those holding only digital currency balances will see card payments fail if there is insufficient fiat on account to cover the transaction. The development comes as Revolut has launched its app in the U.S., as it aims to expand on its global user base.