by Michael
Key TakeawaysWashington seeks to revoke Coinflip’s money transmitter license.The regulator alleges failures involving monitoring and refunds.Coinflip and its CEO may request a hearing to contest the charges. Washington Regulator Seeks License Revocation The Washington... 
by Michael
Key TakeawaysRevolut won conditional OCC approval for a U.S. bank charter in six months.A charter could cut reliance on partner banks and intensify U.S. fintech and crypto competition.Revolut targets H1 2027 launch, pending FDIC, Fed, and final OCC approvals. Revolut... 
by Michael
Key TakeawaysGeyser rejected a Cuba Bitcoin project over US sanctions, cutting off their crowdfunding access.The platform cited compliance rules despite being non-custodial, acting as a financial gatekeeper.Organizers noted their wallets were registered abroad,... 
by Michael
Key TakeawaysCoinbase Derivatives filed Form 1-N and Coinbase Financial Markets filed Form BD-N with the SEC on Sept. 1.The firm’s shares jumped 10% to $192.70 on the news, but CFTC product approval is still needed before launch.Coinbase has offered 10x perps on... 
by Michael
Key TakeawaysIMF revealed El Salvador’s Bitcoin gains were private donations, unlocking $140M in IMF funding.El Salvador agreed to end public Bitcoin buys, aligning treasury policy with IMF transparency rules.The government privatized majority control of Chivo Wallet,... Translate »
