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Revolut hit by Washington crypto boom illusion, exposing massive two-tier banking system

Revolut hit by Washington crypto boom illusion, exposing massive two-tier banking systemWorldPing

Revolut filed with the OCC and FDIC on March 4 to establish Revolut Bank US, an insured national bank that would take deposits, issue credit cards, make loans, and connect directly to Fedwire and ACH.

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Brief by WorldPing · Original reporting by Bitcoin.com