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Revolut lets customers switch to Revolut Bank in 10 additional countries

TechCrunch

Fintech startup Revolut has its own banking license in the European Union since late 2018. The Bank of Lithuania has granted a specialized license — it isn’t a full-fledged license per se, as it focuses on some activities. Right now, Revolut takes advantage of its banking license in two countries — Poland and Lithuania.

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Singapore-based cryptocurrency exchange Crypto.com enters South Korea via acquisitions 

TechCrunch

Crypto.com expands venture arm to $500 million to back early-stage web3 startups.

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Bitpanda obtains German crypto license as crypto platforms want to prove they are legit

TechCrunch

Bitpanda has received a crypto license from Germany’s financial regulator (BaFin). Its German subsidiary is now officially allowed to process cryptocurrencies for German customers under its Crypto Custody and Proprietary Trading license. It holds a similar license, but it is a U.S.-based based company. million customers.

License 84
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Elon Musk’s Twitter (now X): Everything you need to know, from layoffs to verification

TechCrunch

Our data licensing and API with X is an incredible business. It added that, unlike its competitors TikTok and Instagram, Twitter hasn’t struck a music licensing deal for the use of copyrighted music. The operational run rate right now… we’re pretty close to break even.” “Our Our new subscription business [is] growing,” Yaccarino said.

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