World · Institutional · United States ·
Revolut and OpenReserve gain US banking approval with crypto plans
Revolut and OpenReserve received preliminary approval from the Office of the Comptroller of the Currency (OCC) to operate as US national banks, with both planning to offer cryptocurrency and stablecoin services.
Why it matters for the crypto market
Major fintech and blockchain companies gaining US banking charters with crypto mandates marks a milestone for institutional integration of digital assets into the regulated banking system.
Source: CoinDesk
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