Banks and Fintech | ForkLog

ForkLog 17 13.12.2021

BBVA Switzerland adds Ethereum to its cryptocurrency custody and trading service

BBVA's Swiss subsidiary, one of Spain's largest banks, Banco Bilbao Vizcaya Argentaria (BBVA), has added Ethereum to the list of supported assets for its cryptocurrency custody and trading service.

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ForkLog 9 13.12.2021

Digital bank backed by Buffett’s investment holding lists on the NYSE

On December 9, the Brazilian digital bank Nubank conducted an IPO on the New York Stock Exchange, raising $2.6 billion, Bloomberg reports. Over two days the shares surged 31.7%, and the market capitalization reached $54.6 billion.

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ForkLog 22 09.12.2021

Ledger to launch Visa cryptocurrency card

Hardware wallet maker Ledger announced the launch in the first quarter of 2022 of the Crypto Life card on the Visa network. It will offer instant conversion of digital assets into fiat at the point of purchase and lending against cryptocurrency.

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ForkLog 16 07.12.2021

Colombia’s largest bank to offer access to cryptocurrencies in partnership with Gemini.

Gemini, the cryptocurrency exchange, has partnered with Colombia's largest bank Bancolombia. Its customers will gain seamless access to Bitcoin, Ethereum, Litecoin and Bitcoin Cash through the company's platform.

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ForkLog 8 03.12.2021

Media reports on Goldman Sachs’ interest in bitcoin-collateralised lending products

Goldman Sachs and other US investment banks are considering a tri-party repo arrangement with Bitcoin futures as collateral. CoinDesk reports, citing sources.

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ForkLog 9 02.12.2021

In Russia, a carder used a video camera to steal 12 million rubles and laundered the proceeds through cryptocurrencies

The St. Petersburg police detained a 27-year-old resident of Novosibirsk, suspected of stealing funds from bank cards and transferring them into cryptocurrencies.

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ForkLog 11 24.11.2021

Raiffeisenbank questions the digital ruble’s leading role

The Russian banking sector will not suffer significant consequences from the introduction of the national digital currency. This was stated by Raiffeisenbank chairman Sergey Monin.

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ForkLog 26 24.11.2021

US banking regulators to prepare cryptocurrency guidance in 2022

The Federal Reserve, the FDIC and the OCC, as part of the U.S. Treasury Department, defined a number of areas related to digital asset regulation that require further clarification. The interagency sprint that began in May will continue into 2022.

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ForkLog 15 23.11.2021

Largest bank in Australia sees risk in shunning cryptocurrencies

Commonwealth Bank of Australia (CBA), the largest Australian bank, is more concerned about the risk of being left out of cryptocurrencies than about those associated with the adoption of this asset class. The CBA CEO Matt Comyn said this on Bloomberg TV.

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ForkLog 14 12.11.2021

Monobank co-founder: Bitcoin card ready, but awaiting approval from Ukraine’s central bank

The bitcoin card, which would enable customers of Ukrainian monobank to conduct cryptocurrency operations, is ready and has been awaiting approval from the National Bank of Ukraine for three months. This was stated by Oleg Gorokhovsky, co-founder of the company.

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ForkLog 14 09.11.2021

Mastercard to launch bitcoin-linked cards in the Asia-Pacific region

Mastercard will launch debit, credit and prepaid cards linked to bitcoin in the Asia-Pacific region. They will allow businesses and consumers to pay for purchases with cryptocurrency.

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ForkLog 11 08.11.2021

Morgan Stanley forecasts banks will offer stablecoin deposits

Banks will seek to profit from demand for stablecoin deposits as the market grows exponentially, according to a report by Morgan Stanley's top crypto strategist Shina Sho, cited by CoinDesk.

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