Search
Revolut secures UK banking license after three-year wait
25.7.2024
Revolut secured a UK banking license after a three-year regulatory process, marking a significant milestone in its expansion and solidifying its position in the home market
Crypto-Friendly Revolut Finally Earns UK Banking License
25.7.2024
Revolut has entered a "mobilization stage", designed for new banks to operate with restrictions
Revolut launches business offering in Australia, seeks banking license
18.5.2023
The crypto-friendly digital bank said the license would hold them to a higher “regulatory standard” that could give consumers confidence
EU Crypto Banking License Procedures Are too Inconsistent, ECB Says
21.3.2023
The eurozone supervisor is seeking to smooth out a process dominated by German and Luxembourgish banks
Revolut Launches Banking Services in Spain Featuring Deposit Insurance
14.1.2022
Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000...
Swiss regulators reject Bitcoin Suisse's banking license application
17.3.2021
But Bitcoin Suisse still has "many options on the table," says the firm's CEO
Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global Bank
17.9.2020
Cryptocurrency trading platform Kraken has received a banking license recognized under federal law to operate as a bank in the U.S. The company has outlined its plans to offer a number of cryptocurrency-focused financial services locally and globally. Kraken Now a US Bank Kraken announced Wednesday...
OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation
21.8.2020
Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over...
Crypto Brokerage Bitcoin Suisse Hopes Banking License Will Boost its IPO Bid
9.1.2020
Swiss crypto financial services provider Bitcoin Suisse is planning to acquire a banking license in 2020 as part of its plans to build momentum for an initial public offering (IPO).
The Zug-based company put in its license application in July last year, and is hoping to be given the regulatory...
Swiss Crypto Bank Gets Approved for Singapore Banking License
31.10.2019
Singapore welcomes crypto bank Sygnum with license
Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
27.8.2019
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...
French Central Bank: Facebook’s Libra May Need Banking License
25.6.2019
Facebook’s Libra must comply with anti-money laundering regulation and needs banking licenses, according to the Bank of France Governor