Topic
banking
6 stories
Revolut wins conditional U.S. bank approval — the first hurdle, not the finish line
Revolut received conditional OCC approval to pursue a U.S. bank charter, an early procedural step that would let it offer loans, cards and stablecoins directly to American customers.
Pakistan opens crypto registration with a 12-day window and an 11-category rulebook
Pakistan's Virtual Assets Regulatory Authority has opened registration under the Virtual Assets Act 2026, giving crypto firms until Sept. 5 to file for a no-objection certificate or shut down.
OCC Reported to Be Racing to Finish GENIUS Act Stablecoin Rules, With November in View
Decrypt reported Thursday that the OCC is pushing to finish its GENIUS Act stablecoin rulemaking, with November flagged as the target; the agency itself has confirmed no date.
OCC sent Zerohash's trust bank application back. The company didn't mention it until asked.
The OCC returned Zerohash's national trust bank application on July 17 as materially deficient, and the Morgan Stanley infrastructure provider says it will refile this month with a narrower scope.
Hong Kong's regulator scores its banks 2.3 out of 10 on quantum readiness
Hong Kong's central bank scored its banking sector 2.3 out of 10 on a new quantum-readiness index, with roughly half of surveyed banks yet to formalize any post-quantum cryptography plan.
Coinbase Says It Won Conditional OCC Approval for a National Trust Charter
Coinbase says it won conditional OCC approval to charter a national trust company for its crypto custody business, stressing it won't take deposits or become a bank.