Augustus eyes AI banking launch after rare OCC approval
Augustus Bank CEO Ferdinand Dabitz says legacy clearing banks cannot fully rebuild their systems for AI and programmable money. Summary Augustus received conditional OCC approval...
Tag : approval
Revolut wins FCA approval to launch UK private banking
Revolut secured FCA approval on May 14 to offer private wealth services and leveraged products in the UK. Summary The FCA granted Revolut Trading a...
Augustus gets conditional OCC approval for AI and stablecoin bank
Peter Thiel-backed payments startup Augustus received conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a US national bank...
Gemini Gains Key CFTC Approval to Expand Prediction Market, Perps Offerings
In brief Gemini received CFTC approval for a DCO license, allowing it to clear its own prediction market and derivatives trades. The move opens the...
Polymarket Eyes US Return for Crypto Exchange as Lone CFTC Chair Weighs Approval
In brief Polymarket has reportedly approached the CFTC to lift the four-year ban on its main on-chain exchange. The agency’s only sitting commissioner, Chair Michael...
Bitcoin rally falters as AI industry weakens and CLARITY Act approval odds fall
Key takeaways: Stalled progress on the CLARITY Act and hiccups in AI industry revenue weighed heavily on Bitcoin traders’ sentiment. Global instability and US economic...