Browsing: charter

From left: Brian Carlin, CEO of UBS Bank USA, and Rob Karofsky, co-president of UBS global wealth management and president of the Americas, being interviewed on…

Key insight: Zerohash is pursuing its own trust charter from federal regulators as the latest in a long line of crypto firms to do so.Expert quote:…

Key insight: While European digital banks like N26 and Monzo have previously struggled to crack the U.S. market, experts say Revolut’s massive 70-million global customer base…

Key insight: Morgan Stanley’s application for a national trust charter for a proposed subsidiary is in support of the investment bank’s bid to partner with Zerohash…

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: Payoneer has applied for a national trust bank charter to establish PAYO Digital Bank, N.A., allowing it to issue its own stablecoin, PAYO-USD.What’s at…

Another trust charter has been granted to a stablecoin issuer in the midst of back-and-forth between regulators and trade groups over the subject and continued volatility…

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 insights: Buy now/pay later lender Affirm submitted applications to the Federal Deposit Insurance Corp. and the Nevada Financial Institutions Division to create Affirm Bank. What’s at…

Key insight: The OCC’s review of World Liberty Financial will go on despite Democrats’ concerns about the Trump family’s conflict of interest. Expert quote: “The OCC’s review…