Cyprus's financial regulator grants a crypto license to Revolut, allowing the startup to offer crypto services across the EU under new regulations
British finance app Revolut has been granted a licence by Cyprus that will enable it to continue to target crypto-related services to grow its business …
Sources: Bank of England officials are holding up Revolut's full UK license over concerns about whether its risk controls can keep pace with its global growth
Financial Times :
UK fintechs like Revolut and Starling step up plans to buy US banks to get US licenses for lending in all 50 states, as regulators ease M&A rules under Trump
Revolut and Starling among start-ups weighing acquisition of nationally chartered banks — British fintechs are stepping …
Paxos applies to create a US national trust bank, which would let it manage and hold assets on behalf of customers, following Circle's and Ripple's applications
Here's why that matters Paxos : Paxos to Pursue National Trust Charter with the Office of the Comptroller of the Currency Ronaldo Marquez / Bitcoin Insider : Paxos Applies To Establish National Trust ...
Sources: Bank of England governor blocked a meeting arranged by UK Chancellor between regulators and Revolut to discuss Revolut's full banking authorization
Financial Times :
A look at UK fintechs Revolut and Monzo's push to expand in the US, where they face steep challenges in a complex regulatory environment and strong competition
Akila Quinio / Financial Times :
Revolut and Visa file challenges against UK's Payment Systems Regulator, say it overstepped its powers with a plan to cap international digital transaction fees
Akila Quinio / Financial Times :
Revolut appears to have withdrawn its US banking license application, after claiming in 2021 to have filed a draft; Revolut has 500K+ retail customers in the US
John Reynolds / Tech.eu :
Revolut appears to have withdrawn its US banking license application, after claiming in 2021 to have filed a draft; Revolut has 500K+ retail customers in the US
John Reynolds / Tech.eu :
Revolut plans to start closing its US cryptocurrency services on September 2, citing regulatory uncertainty, impacting less than 1% of its crypto users globally
Yogita Khatri / The Block :