Regulation & Compliance

This week's regulatory coverage was dominated by bank charter and licensing news, particularly around Revolut's conditional OCC charter. Banking Dive Newsletter, Fintech Futures, Payments Wrap Up, Connecting the Dots in FinTech, and Sifted Fintech Newsletter all covered Revolut's progress toward a US banking license, with Banking Dive Newsletter and Fintech Futures framing it as conditional approval, Payments Wrap Up and Connecting the Dots in FinTech describing it as clearing a major hurdle, and Sifted Fintech Newsletter noting it as clearing the first hurdle. Banking Dive Newsletter separately reported on TabaPay pursuing an OCC charter via a Denver bank deal, while American Banker Fintech covered Zerohash's refiled trust bank charter application to the OCC. Fintech Futures also reported on Allica Bank's application for a Swedish banking licence as part of a European growth push, and licensing activity extended to OpenPayd, whose acquisition of 43 U.S. state licences was covered by both Payments Wrap Up and Connecting the Dots in FinTech.

Stablecoins and crypto regulation featured prominently across several newsletters. Fintech Business Weekly reported on legal filings alleging Homeland Security and Tether illegally seized stablecoins. Stack and Story covered multiple stablecoin and crypto topics, including the Bank of Korea's position that dollar stablecoins could weaken the won, the SEC's ETF fast track splitting the crypto industry, the crypto lobby's request that the SEC lock in ETF rules, and Singapore's ban on stablecoin yield while not addressing risk. Andrew's Angles covered lessons drawn from the BIS on stablecoins, without further detail provided in the title.

American Banker Fintech carried the broadest range of compliance-related stories. These included a bank ID vendor traced to a dark web license sale, a GAO report flagging disclosure gaps