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via crypto.news · By crypto.news Editorial
Revolut plans US bank and stablecoin after conditional OCC approval
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crypto.news Editorial(06:47 PM UTC)
1 min read
Revolut has received conditional approval from the Office of the Comptroller of the Currency to form a U.S. national bank, with a 2027 launch, a $95 million capital injection and stablecoin service planned if regulators grant the remaining clearances.
Summary
- Revolut plans to establish its national bank in Stamford, Connecticut, with about $95 million…
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