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Crypto-friendly fintech giant Revolut files for U.S. banking license

The license would allow the firm to operate like a traditional bank and gain direct access to payment networks like Fedwire and ACH.

A Revolut card (Kay/Unsplash/Modified by CoinDesk)

Video

Iran crypto outflows up 700% after U.S.-Israeli airstrikes

Crypto outflows from Iran’s largest exchange jumped 700% within minutes of the first U.S.-Israeli airstrikes on Tehran, according to analytics firm Elliptic. Is this the start of massive capital flight? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

CoinDesk

Mercati

U.S. job losses at 17-year high raise positive signals for bitcoin bulls

Unofficial economic indicators suggest the Fed may need to ease policy, boosting riskier assets.

Graphic showing the word "Layoffs" (geralt/Pixabay)

Mercati

U.S. dollar strength and volatility surge as markets nervously await U.S. open

While Fed chair speculation drives uncertainty across equities, rates, and crypto.

DXY Index (TradingView)

Finanza

Nomura's Laser Digital applies for U.S. national trust bank to offer crypto custody

The proposed bank would offer cryptocurrency custody, spot trading and staking services under direct federal regulatory supervision.

Nomura's name on an exhibition stand.

Finanza

Revolut drops U.S. bank merger plan to seek standalone license: FT

The fintech company believes a de novo banking license under the Trump administration will be faster than acquiring an existing bank, avoiding the need to maintain physical branches.

A Revolut card (Kay/Unsplash/Modified by CoinDesk)

Finanza

Southern Utah man sentenced to 3 years in prison for crypto-linked wire fraud scheme

Federal prosecutors said Brian Garry Sewell defrauded investors of nearly $3 million and ran an unlicensed cash-to-crypto business that moved more than $5 million.

Salt Lake City skyline (Photo by Tanner Crockett on Unsplash)

Mercati

New Polymarket bettor places $40,000 on U.S. striking Iran tonight

One trader went against the current trend of low chances for a strike tonight by placing the new $40,000 bet.

(U.S. Air Force photo by Staff Sgt. Kaylee Dubois)

Finanza

Citadel Securities Challenges DeFi Framework in Letter to SEC, Sparking Industry Outrage

A Citadel Securities letter to the SEC argues that some DeFi systems resemble traditional exchanges and should face comparable oversight.

Securities and Exchange Commission logo (CoinDesk)

Politiche

U.S. Crypto Coalition Warns Bank Data Fees Could Cut Off Stablecoins and Wallets

Fintech and crypto groups are urging the Consumer Financial Protection Bureau to stop banks charging for consumer data access, saying the move would undermine open banking and disconnect crypto wallets and stablecoins from the U.S. financial system.

dollar bill