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Wire · regulatory

Revolut, OpenReserve get preliminary US bank approval with crypto plans

4 September 2026 · By · Wire by Fusion42

Published

4 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at khabarpu.com →

◆ Verified

Fusion42 · 4 September 2026 · Fusion42 review

Revolut and OpenReserve received preliminary approval from the US Office of the Comptroller of the Currency to establish national banks focused on cryptocurrency and stablecoin services, with Revolut planning a Connecticut-based bank and OpenReserve a Utah entity.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.

◆ ◆ The Wire takeaway

You must prepare for new US crypto banking standards as Revolut and OpenReserve secure national charters enabling direct stablecoin and crypto asset services. This opens a regulatory pathway for crypto-native banks to challenge existing intermediaries and reshapes compliance needs.

◆ Coverage

2 sources · 4 Sep 2026

◆ Related on Wire

◆ Topics

Fintechcrypto-bankingregulatory-approvalstablecoinsUS-bankingfintech