According to Wu Blockchain, Europe's highest-valued startup, Revolut, has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national bank in the United States. It still needs to complete further approvals from the FDIC, Federal Reserve, and OCC, with plans to launch Revolut Bank US in 2027. Once approved, Revolut will be able to directly offer U.S. customers loans, credit cards, FDIC-insured deposits, as well as stablecoin and cryptocurrency-related services. In a secondary share transaction this July, Revolut's valuation was approximately $115 billion. https://(wublock123.com)/news/news-67775