TL;DR. Revolut received regulatory approval from the UK’s PRA to launch Revolut Bank UK Ltd, with deposits protected up to �85,000... Nik Storonsky, co-founder and CEO of the company, underscored the strategic weight of the licence ... ....
Six major crypto firms, including BitGo, Circle, Erebor, FidelityDigital Assets, Paxos, and Ripple, secured preliminary approval to pursue US national bank licenses ... Even Tether is preparing a fully ...