Revolut obtains a full banking license in the UK and establishes Revolut Bank UK Ltd. to undertake related operations. Over the next few months, user accounts will be gradually migrated. This move provides greater regulatory flexibility, involving deposit protection and potential lending services, reflecting the trend of fintech companies moving closer to traditional banks.

Gate News Report, March 11 — India's Central Investigation Bureau (CBI) announced the arrest of Darwin Labs co-founder and CTO Ayush Varshney at Mumbai Airport on suspicion of involvement in the GainBitcoin Ponzi scheme. It is reported that Varshney was attempting to leave India at the time. Investigations revealed that the scheme was operated by Variabletech Pte. Ltd., which attracted investors by promising high returns on crypto investments. Law enforcement officials accused Darwin Labs of developing and deploying critical technological infrastructure for the scheme, including the MCAP cryptocurrency token and ERC-20 smart contracts. Additionally, Darwin also provided technology for GBMiners.com Bitcoin mining platform, BitCoin Payment Gat

Gate News Announcement, March 10th, Hunan Financial Office confirmed that Yuzhi Financial Co., Ltd., under the name of "Virtual Asset Copy Trading," has completely "run away." Currently, police in various regions have opened channels for rights protection registration, and affected users can register through official channels.

MetaDAO community voting approved the proposal to liquidate Ranger Finance, remove RNGR/USDC liquidity, and transfer the USDC reserve to MetaDAO, to be distributed proportionally to unlocked token holders. Additionally, the intellectual property of Futarchy governance will be returned to Glint House PTE. LTD. The snapshot will be taken on March 13.

Dydo Limited has decided to purchase Bitcoin worth 1 billion yen to hedge against inflation and the depreciation of the yen, as well as to diversify its asset portfolio and improve capital efficiency.

Gate Technology Ltd. has obtained a payment institution license issued by the Malta Financial Services Authority, becoming one of the compliant crypto companies in Europe. This license will support the company's expansion of stablecoins and payment services within the EU, promote the integration of traditional finance and Web3, and demonstrate its commitment to compliance and transparency.