Revolut’s Application For A UK Banking License May Be Rejected
Revolut, the UK-based neobank that offers crypto trading as part of its financial app, may have its application for a banking license rejected by the Bank of England, according to…
Paxos’s national banking charter application expired, but it may try again
Paxos’s dreams of a national banking charter died last week of extreme old age. The stablecoin issuer’s application for a new bank charter, originally filed in December 2020, expired on…
Sam Bankman-Fried’s countdown has begun: The confined ex-CEO has about 125 hours left to play video games and use his phone
Sam Bankman-Fried has a few more days to use a smartphone and play video games before the government locks him in what experts are calling the legal equivalent of a…
‘We’re Trying To Save Crypto From The Banks’: Circle CEO Allaire
Circle CEO Jeremy Allaire isn’t buying any narratives which suggests the traditional banking system needs to be protected from crypto. Instead, he believes the opposite to be true. “Everybody’s talking…