Britain's $33 billion banking app Revolut has swung into profit while still trapped in banking license limbo – Fortune
British banking app Revolut finally turned things around last year after years of losses, nearly doubling revenue to 1.8 billion pounds ($2.27 billion) and posting pre-tax profits of 438 million pounds ($553 million). The news will come as good news to top fintech investors, including Index Ventures, SoftBank Vision Fund 2 and Balderton Capital, which […]
Trump Org blasts New Jersey’s ‘unjustified’ liquor license roadblock after mogul’s conviction
The Trump Organization has criticized New Jersey officials’ decision not to timely renew its liquor license as “unjust,” pointing to former President Trump’s guilty conviction in New York v. Trump. A Trump Organization spokesman said in June that rumors of such a move ignore the fact that Trump personally does not hold any liquor licenses […]
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit – CNBC
Nikolai Storonsky, founder and CEO of Revolut. Harry Murphy | Web Summit Sports Files via Getty Images LONDON — The chief executive of British financial technology giant Revolut told CNBC he is optimistic the company will be able to get a banking license in the U.K. after the company reported its highest-ever full-year pre-tax profit […]
Circle Attains EMI License, Achieves MiCA Compliance – PYMNTS.com
Circle Obtained an Electronic Money Institution (EMI) license from the French banking authorities. european union(EU) Cryptocurrency Market (MiCA) Regulatory Framework. This license allows Financial Crisis Management Office (ACPR), the French subsidiary of the Circle is currently USDC and EUR In an announcement on Monday (July 1), the company said it would issue a stablecoin that […]
Former Obama adviser says SCOTUS immunity ruling gives Trump ‘license to thug’
Former presidential adviser Van Jones on Monday slammed the Supreme Court’s decision on presidential immunity, arguing that it gives President Trump free rein to break the law – a “license to commit violent crimes.” The Supreme Court ruled Monday in Trump v. United States that former presidents have effective immunity from prosecution for official acts […]
Wall Street Journal knocks Supreme Court for giving Biden administration ‘license for social media censorship’
The Wall Street Journal’s editorial board on Thursday denounced a Supreme Court decision that suggested it would give the government unfettered power to censor social media. The Supreme Court on Wednesday, by a 6-3 majority, handed President Biden a major victory by tossing out a lawsuit, Marcy v. Missouri, which accused the current administration of […]
Hunter Biden’s DC law license suspended after gun conviction in latest blow to first son
Hunter Biden’s license to practice law in the nation’s capital was suspended on Tuesday, exactly two weeks after he was convicted of lying about drug use to obtain a firearm. “Pending resolution of this matter, defendant is immediately suspended from practicing law in the District of Columbia,” the D.C. Circuit Court of Appeals ordered Tuesday. […]
Microaggression madness in Oregon could cost doctors their license
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DC Bar moves to suspend Hunter Biden’s law license after felony conviction
Hunter Biden is expected to lose his license to practice law in Washington, DC, this week after his disciplinary counsel filed a motion to suspend him following his felony conviction. The Office of Disciplinary Counsel is responsible for disciplining members of the Washington, D.C., bar, and it sent a letter to the D.C. Court of […]
FACT CHECK: Has The State Of NJ Suspended Trump’s Liquor License Following His Felony Conviction?
A post shared on Threads claims the state of New Jersey has purportedly suspended 2024 presumptive Republican nominee and former President Donald Trump’s liquor license following his recent felony conviction. Post by @jonnajohnston3 View on Threads Verdict: Misleading As of June 10, NJ.com reported Trump’s liquor licenses are under review by the state […]