#Banks and Fintech

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

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ForkLog 17 13.03.2023

Bitcoin climbs above $24,000

In the early hours of March 13, the price of the leading cryptocurrency rose sharply from about $20,280 to briefly above $22,670.

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ForkLog 16 11.03.2023

Elon Musk open to acquiring Silicon Valley Bank

Billionaire Elon Musk said he was prepared to consider the possibility of acquiring Silicon Valley Bank (SVB), which had been closed by authorities.

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ForkLog 27 11.03.2023

USDC loses peg to the dollar amid SVB collapse

The USD Coin (USDC) stablecoin lost its peg to the US dollar and, at the time of writing, trades at $0.92 after its issuer Circle announced it held $3.3 billion in reserves at the government-closed Silicon Valley Bank (SVB).

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ForkLog 8 10.03.2023

US senators urge regulators not to punish the entire crypto industry

Tightening regulation of banks serving the crypto industry could 'punish the entire sector.' The Republican senators say this in a letter to the regulators.

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ForkLog 22 10.03.2023

Venture-capital investors distance themselves from Silicon Valley Bank amid liquidity concerns

Five venture-capital firms focused on digital assets advised their portfolio companies to withdraw funds from Silicon Valley Bank (SVB). The Block reports.

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ForkLog 25 09.03.2023

Gate.io unveils a crypto Visa card for Europe

Gate Group will launch a cryptocurrency debit card Visa for European customers.

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ForkLog 13 08.03.2023

Trustee Plus to Give Away 5,000 Free Virtual Crypto Cards

The Ukrainian crypto neobank Trustee Plus will launch a virtual card that enables spending digital assets.

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ForkLog 40 06.03.2023

Bybit launches Mastercard debit card

The cryptocurrency exchange Bybit has launched a Mastercard debit card in partnership with payments giant Mastercard.

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ForkLog 13 06.03.2023

Kraken confirms launch of its own bank

The cryptocurrency exchange Kraken will open its own bank very soon, despite regulatory troubles in the United States. The Block reports.

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ForkLog 10 03.03.2023

Bloomberg: HSBC and Nationwide curb customers’ crypto purchases

The Nationwide Building Society holding company and the United Kingdom's largest bank HSBC have imposed restrictions on purchasing cryptocurrency via payment cards. Bloomberg reports.

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ForkLog 9 02.03.2023

Three Japanese banks to test stablecoins on the Japan Open Chain

Tokyo Kiraboshi Financial Group, Minna no Bank and The Shikoku Bank will test stablecoins built on the Japan Open Chain blockchain.

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ForkLog 7 01.03.2023

Russia Issues First Yuan-Denominated Blockchain Bank Guarantee

Moscow Credit Bank issued the first digital bank guarantee worth more than 100 million yuan. The deal was implemented on the Masterchain blockchain platform.

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