Deutsche Bank has been designated by the People's Bank of China as a clearing bank for the yuan, becoming the first in Europe to receive this authorization.
The parent company of Truth Social, TMTG, experienced a dramatic increase in losses, reporting over 10 new customer agreements for its Truth API service.
Revolut has obtained a full banking license in France, with approval from the ECB and the French regulator, enhancing its presence in the European market.
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