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Nalezeno "banking license": 18

Circle executive denies claims of seeking US banking license


An executive at major stablecoin issuer Circle denied recent reports that the company is looking to obtain a US federal bank charter.In an April 25 X post, Circle’s chief strategy officer and head of global policy, Dante Disparte, denied that the company is interested in obtaining a...

Coinbase considering applying for US banking license


US-based publicly traded crypto exchange Coinbase confirmed that it is considering applying for a US federal bank charter.In a statement sent to Cointelegraph, Coinbase said it is considering pursuing a US federal bank charter, according to a company spokesperson.“This is something Coinbase...

Revolut Launches Banking Services in Spain Featuring Deposit Insurance


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...

Crypto Brokerage Bitcoin Suisse Hopes Banking License Will Boost its IPO Bid


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...

Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached


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...

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