ExchangeDEX+

Buy Crypto Markets Spot FuturesGOLD Earn Event Center

Key takeaways Conditional OCC approval clears the path for a U.S. national bank charter Nubank would operate nationwide under a […] The post Nubank Advances U.SKey takeaways Conditional OCC approval clears the path for a U.S. national bank charter Nubank would operate nationwide under a […] The post Nubank Advances U.S

Nubank Advances U.S. Ambitions With National Banking Approval

Author: Coindoo

Source: Coindoo

2026/01/31 03:47

Key takeaways

Conditional OCC approval clears the path for a U.S. national bank charter
Nubank would operate nationwide under a single federal regulator
Planned services include deposits, lending, credit cards, and crypto custody
The move positions Nubank as a direct competitor to U.S. digital and legacy banks

Operating under its parent company Nu Holdings, Nubank plans to launch Nubank, N.A., a federally chartered institution that would allow it to operate nationwide under a unified regulatory framework. This approach removes the need for state-by-state licensing and places the Brazilian-born digital bank on equal footing with established U.S. financial institutions.

According to the approval terms highlighted in the announcement, the new national bank would be authorized to offer a full suite of services, including deposit accounts, lending, credit cards, and digital asset custody. Visuals accompanying the news prominently feature Bitcoin and Ethereum, reinforcing Nubank’s intent to embed crypto services directly into a federally supervised banking structure.

A rare federal charter for a foreign fintech

The federal charter represents an uncommon milestone for a non-U.S. fintech. It gives Nubank the ability to scale its mobile-first, low-cost banking model across all fifty states while operating under consistent federal oversight. This also signals growing openness from U.S. regulators toward digitally native banks that combine traditional financial services with crypto custody under established banking rules.

Europe Pushes Digital Euro to Cut Reliance on U.S. Payment Firms

To support its U.S. expansion, Nubank is strengthening its leadership presence. Co-founder Cristina Junqueira has relocated to the United States and will serve as Chief Executive Officer of the new national bank. Former Brazilian central bank president Roberto Campos Neto is set to become Chairman of the Board, adding regulatory depth and institutional credibility as the company engages with U.S. supervisors.

Overall, the approval positions Nubank as a serious new entrant in the U.S. banking landscape – one that blends nationwide banking reach, digital-first infrastructure, and crypto services under a single federal charter.

The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Nubank Advances U.S. Ambitions With National Banking Approval appeared first on Coindoo.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.