Revolut drops U.S. bank merger plan to seek standalone license: FT

admin January 23, 2026 Leave a Comment

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.

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South Korean crypto exchange races to recover $40bn of bitcoin sent to customers by mistake February 10, 2026
Bithumb has apologised for staff error that sent customers 620,000 bitcoins instead of 620,000 Korean won, equivalent to a few hundred US dollarsSouth Korea’s second-largest cryptocurrency exchange is scrambling to recover more than $40bn of cryptocurrency after accidentally crediting customers with 620,000 bitcoins during a promotional event last week.Bithumb said it had corrected most of […]
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Trump’s family is embroiled in a $500m UAE scandal. We’ve hardly noticed | Mohamad Bazzi February 6, 2026
A crypto startup founded by Trump’s family signed a huge deal with the UAE president’s brother. Where’s the political fallout?Days before Donald Trump returned to office in January 2025, an investment firm controlled by a senior member of the United Arab Emirates royal family secretly signed a deal to pay $500m to buy almost half […]

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Revolut drops U.S. bank merger plan to seek standalone license: FT

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