Revolut has a U.S. OCC conditional bank licence

Revolut announced that it had obtained a conditional bank licence from the United States Monetary Supervisory Authority (OCC), which marked an important step in the United States banking operations of the British financial giant. If the remaining FDIC, the Federal Reserve and the final OCC approval are successfully adopted, the Revolut Bank of America is expected to be launched in 2027, providing loans, credit cards and FDIC insurance deposits, with access to stable and encrypted currencies。