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Revolut wins French banking licence, creates second EU banking hub

Revolut has secured a full banking licence in France, creating its second banking entity in the European Union as the fintech prepares to move more than 30 million Western European customers onto a Paris-based operation. The European Central Bank’s Governing…

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Australia Pulls 96 Crypto ATMs Offline Over AML Reporting Failures

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has suspended crypto ATM operator Cryptolink’s registration for 3 months, forcing its 96 cryptocurrency ATMs across Australia offline.  The regulator cited ongoing concerns over the company’s anti-money laundering and counter-terrorism financing compliance.…