#Banks and Fintech

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

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ForkLog 6 28.02.2023

MakerDAO community rejects Cogent Bank’s $100m loan proposal

Members of the MakerDAO DeFi platform voted 72.9% to 26.1% to deny Cogent Bank a $100m loan.

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ForkLog 10 24.02.2023

Fed warns banks of liquidity risks tied to crypto firms

The Fed, FDIC, and OCC issued a joint statement reminding U.S. banking institutions of the potential risks posed by crypto-focused firms.

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ForkLog 16 23.02.2023

German DZ Bank to deploy cryptocurrencies in asset-management services

DZ Bank announced the integration of cryptocurrencies into asset-management services.

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ForkLog 19 17.02.2023

Regulatory pressure shifts banks’ stance on crypto, WSJ reports

Banks are cutting ties with crypto firms amid fears of regulatory crackdown. Regulators threaten to separate digital assets from the traditional financial system, The Wall Street Journal reports.

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ForkLog 15 15.02.2023

Citadel Securities and Susquehanna Acquire Stakes in Silvergate Bank

Citadel Securities and Susquehanna Advisors Group disclosed in filings with the U.S. Securities and Exchange Commission that they held 7.5% and 5.5% stakes in the crypto-friendly Silvergate Bank. Barron’s reports.

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ForkLog 8 11.02.2023

BNY Mellon says clients are increasingly interested in cryptocurrencies

Michael Demissi, head of the bank’s Advanced Solutions division, said cryptocurrencies have firmly entrenched themselves in the financial sector.

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ForkLog 11 01.02.2023

DekaBank and Metaco partner to launch cryptocurrency custody service

The Germany-based DekaBank, with €363 billion ($395.7 billion) in assets, selected Metaco's Harmonize as the primary platform for storing and managing institutional clients’ digital assets.

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ForkLog 10 01.02.2023

Analysts estimate annual losses for Russia’s banks from CBDC introduction at 50 billion rubles

The introduction of the digital ruble could potentially hit banks and benefit retailers. This was stated by analysts.

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ForkLog 9 30.01.2023

Binance to launch prepaid Mastercard in Brazil

Binance, in partnership with payment giant Mastercard, will launch a prepaid card in Brazil. This was announced by the CEO of the cryptocurrency exchange, Changpeng Zhao.

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ForkLog 9 19.01.2023

Media: National Australia Bank to create AUDN stablecoin, according to AFR

The National Australia Bank is creating an asset-backed stablecoin AUDN.

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ForkLog 13 17.01.2023

Silvergate Bank posts a $1.05 billion quarterly loss for Q4 2022

Silvergate Capital reported the results of its subsidiary Silvergate Bank for Q4 2022. The digital-asset-focused institution posted a net loss of $1.05 billion.

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ForkLog 11 22.12.2022

Huobi announces plan to launch Visa debit card

Huobi announced plans to issue a Visa debit card.

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