Sources say the UK is delaying Revolut's banking license over concerns about its crypto trading service and whether it can tackle money laundering and fraud (Bloomberg)

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Bloomberg:

Sources say the UK is delaying Revolut’s banking license over concerns about its crypto trading service and whether it can tackle money laundering and fraud  —  Nikolay Storonsky, once a championship swimmer in his native Russia, doesn’t like to hang around in the slow lane.



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