Browsing: approval

Key insight: SEC and FINRA granted the necessary approvals for WisdomTree to launch 24/7 trading and settlement for its tokenized money market fund.Expert quote: “The fact…

Key insight: Crypto.com’s parent company Foris DAX received conditional approval from the OCC to operate a national trust bank for cryptocurrency.Expert quote: Pitchbook analyst Rudy Yang…

Key insight: Brazil’s Nubank received conditional approval from the Office of the Comptroller of the Currency to enter the U.S. digital banking market.What’s at stake: The…

Key insight: Inter&Co now has a license to open a virtual bank branch at its headquarters in Miami.What’s at stake: Inter is the latest of several…

Key insight: Fifth Third and Comerica’s shareholders both blessed the companies’ proposed merger, but the two banks are still embroiled in a legal battle with an…

Conditional approval of a national bank charter used to be a virtual guarantee that an institution would open its doors. But the OCC’s recent treatment of…

Key insight: Learn how an IFE charter enables fintechs to expand U.S. banking services through Puerto Rico.Expert quote: Klaros partner Michele Alt says an IFE avoids…

Key insight: One day after the Federal Reserve approved the merger, the companies said that they expect the deal to close on the first day of…

The agency’s approval of the stablecoin-focused Erebor will be the first of many applications to open new banks, many focused on nontraditional elements of the business,…

InterRent Real Estate Investment Trust says it has received Investment Canada Act approval for its deal to be acquired by a group including executive chair Mike…