Revolut abandons US merger plans to pursue own de novo banking licence: FT
Revolut has abandoned plans to buy a US bank and is preparing a de novo licence application, the Financial Times reported.
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Revolut has abandoned plans to buy a US bank and is preparing a de novo licence application, the Financial Times reported.
The fintech company believes a de novo banking license under the Trump administration will be faster than acquiring an existing bank, avoiding the need to maintain physical branches.
The company behind Farcaster plans to return the full $180 million it raised from venture capital investors, co-founder Dan Romero said.
The White House came under scrutiny for sharing a modified arrest image on X, as the administration pushes tougher limits on manipulated media.
The former Alameda Research chief and key witness against Sam Bankman-Fried has exited federal custody but remains subject to long-term bans, injunctions, and supervision tied to the FTX collapse.
The Center for Countering Digital Hate reports that Elon Musk's AI chatbot Grok produced an estimated 23,338 sexualized images of children.
The president previously said the Biden administration was primarily to blame for banks dropping him as a client, not bank executives themselves.
The Optimism Foundation's proposal would link the value of the OP token more directly to the economic performance of the Superchain.
President Trump reportedly sued JPMorgan Chase and its CEO Jamie Dimon over allegedly debanking multiple accounts tied to the president.
Tesla CEO Elon Musk reiterated claims that rapid AI advances and humanoid robots will reshape work, energy demand, and the economy.
Roger Bayston, Head of Digital Assets at Franklin Templeton, unpacks how one of the world's largest asset managers embraced tokenization.