Revolut Abandons US Acquisition Plan, Shifts Focus to Independent License Application

BlockBeats News, January 23rd, according to the Financial Times, sources revealed that UK fintech giant Revolut has abandoned its US acquisition plan and is now focusing on discussing license matters with US officials through the Office of the Comptroller of the Currency (OCC). Revolut hopes that the regulatory easing policy promoted by the Trump administration will accelerate the approval process.