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Latin America's largest digital bank Nubank has announced that it has received conditional approval from the US OCC

BlockBeats News, January 30th, Latin America's largest digital bank Nubank announced that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a branch in the United States. If granted final approval, Nubank plans to offer deposit accounts, credit cards, loans, and digital asset custody services in the United States. Subsequent steps include meeting OCC requirements, obtaining FDIC and Federal Reserve approval, completing capital requirements within 12 months, and commencing operations within 18 months as required. (CoinDesk)

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