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Revolut abandons US acquisition plans and shifts focus to pursuing independent licensing applications
BlockBeats News, January 23 — According to the Financial Times, sources revealed that the UK fintech giant Revolut has abandoned its US acquisition plans and is instead negotiating with US officials to apply for a license through the Office of the Comptroller of the Currency (OCC). Revolut expects that the deregulation policies promoted by the Trump administration will accelerate the approval process.