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)

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.

from Techmeme https://ift.tt/cD6SZG8