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Nubank Secures Brazil Banking License to Save Its Iconic Name

The neobank, which also runs a crypto business, received approval to purchase Banco Porto Real de Investimentos S/A, becoming a licensed bank in Brazil. The development enables the company to maintain its name, as regulators pressured it to drop the bank moniker since it was not licensed as a bank in the country. Nubank Receives […]

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DOJ Secures Court Approval Targeting $1.2B in Stolen Binance Crypto

The Justice Department secured court authorization targeting more than $1.2 billion in cryptocurrency stolen from Binance. The action formed part of a recovery effort that froze billions of dollars following an attack U.S. authorities attributed to North Korea. Court Orders Target More Than $1.2 Billion The U.S. Department of Justice (DOJ) announced on Nov.…

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