According to financial media reports, fintech company Revolut is in talks to acquire the Turkish digital bank FUPS, hoping to open up the Turkish market. However, this matter is still uncertain—insiders reveal that no final decision has been made, and the acquisition may not necessarily go through. The key point is that even if both parties agree, the deal still needs approval from Turkey's banking regulatory authority BDDK. This also highlights the importance of regulatory review when entering new markets in the financial industry. For financial platforms aiming for global expansion, gaining recognition from local regulatory authorities is often the final and most critical hurdle.