Revolut Moves Forward With UK Bank Launch as License Limits Are Removed

The popular crypto-friendly digital bank Revolut announced today that it will be launching its UK bank. According to the firm’s official statement, the Prudential Regulation Authority (PRA) has decided to lift the restrictions on Revolut’s banking license. With that out of the way, the launch of the local bank comes with an already existing user base of more than 13 million UK customers. Moreover, it foll…