Latin America's largest digital bank Nubank announced that it has received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a branch in the United States. If final approval is granted, Nubank plans to offer deposit accounts, credit cards, loans, and digital asset custody services in the U.S. The company still needs to meet OCC conditions and obtain approval from the FDIC and the Federal Reserve, completing capital requirements within 12 months and officially opening within 18 months as required. (CoinDesk)

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