#Banks and Fintech

The spread and regulation of cryptocurrencies and blockchain technology in the banking industry and fintech applications.

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ForkLog 8 30.08.2023

SEBA Bank secures Hong Kong regulator’s approval

The licensed Swiss cryptocurrency bank SEBA has received in-principle approval from the SFC to conduct digital-asset activities in Hong Kong.

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ForkLog 9 23.08.2023

BlockTower backs Maple Finance in $5 million funding round

DeFi platform Maple Finance closed a strategic funding round worth $5 million, led by BlockTower Capital and Tioga Capital.

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ForkLog 15 16.08.2023

VTB, QIWI Bank and Alfa-Bank test the digital ruble

The Russian credit and financial institutions conducted the first operations with the digital ruble as part of testing the new asset.

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ForkLog 22 16.08.2023

Two Uzbek banks granted permission to issue crypto cards

NAPP Uzbekistan approved private Ravnaq Bank and Kapital Bank's participation in the digital sandbox with the ability to issue cryptocurrency cards.

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ForkLog 9 14.08.2023

PayPal to launch cryptocurrency hub for select users

PayPal will launch a cryptocurrency hub for select users — a service for storing and interacting with digital assets on the platform.

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ForkLog 8 09.08.2023

Fed requires banks to obtain approvals for stablecoin operations

The U.S. Federal Reserve has intensified oversight of state-controlled banks involved in cryptocurrency and stablecoin operations.

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ForkLog 9 07.08.2023

Banks flag wary attitude toward the digital ruble

The Association of Banks of Russia has approached the Bank of Russia with proposals for the digital ruble, citing an extremely wary attitude among citizens toward the asset.

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ForkLog 22 01.08.2023

Trustee Plus unveils its crypto-payment card

The Ukrainian cryptocurrency neobank Trustee Plus has begun issuing payment cards that will allow spending with digital assets at points of sale.

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ForkLog 8 31.07.2023

Australian Bendigo Bank restricts transfers to Bitcoin exchanges

One of Australia’s largest banks — Bendigo Bank — announced the blocking of 'high-risk crypto payments' to protect customers from fraud.

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ForkLog 5 25.07.2023

EBA to impose additional rules on stablecoin issuers

Stablecoin issuers whose reserves consist of derivatives or covered bonds will face additional regulation. This stems from the draft of new EBA rules, CoinDesk reports.

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ForkLog 4 24.07.2023

South Korean banks study alternatives to stablecoins and CBDC

South Korea's Hana Bank and Woori Bank have begun studying so-called tokenized deposit certificates. The institutions see them as an alternative to stablecoins and CBDC, Maeli Business News Korea reports.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 13 21.07.2023

Utopia Labs launches USDC-based B2B solution

The Paradigm-backed firm Utopia Labs launched an Ethereum-based solution that allows companies to 'transfer USDC to any US bank account in the United States'.

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