Regulation· ★★★· bearish·

Revolut data leak casts doubt on its US banking license

  • Revolut received OCC approval but confirmed a client data leak
  • A fraudster obtained a selfie and the bitcoin transaction history of users
  • The FDIC has not yet commented on the incident
Why it matters: The leak could slow Revolut's bid for a US banking license and increase regulatory pressure on crypto fintechs.
Source: CriptoNoticias