Banks and Fintech | ForkLog

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 9 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 22 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 12 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 10 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 11 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 10 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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ForkLog 12 08.11.2021

Media reports resignation of Austrian military official over possible ties to Wirecard executive

A senior official at the Austrian defence ministry has been suspended from his post over suspected ties to former Wirecard chief operating officer Jan Marsalek and Russia.

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ForkLog 17 08.11.2021

Former Citigroup chief predicts a surge in banks’ interest in cryptocurrencies.

The chairman of The Orogen Group and former Citigroup CEO Vikram Pandit is convinced that soon all large financial institutions will consider trading cryptocurrencies. Bloomberg reports.

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ForkLog 14 04.11.2021

Thailand’s oldest and third-largest bank, Siam Commercial Bank (SCB), buys 51% stake in Bitkub for $536 million

The oldest and third-largest bank in Thailand, Siam Commercial Bank (SCB), invested about 17.85 billion Thai baht (~$536 million) in the cryptocurrency exchange Bitkub by purchasing 51% of its shares.

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ForkLog 10 03.11.2021

Australia’s largest bank to give clients access to cryptocurrencies

The Commonwealth Bank of Australia has announced that it will become the first bank in the country to offer clients the ability to buy, sell and store cryptocurrency through its CommBank app.

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ForkLog 9 26.10.2021

FDIC chair: US regulators shaping framework for banks’ crypto activities

Elena McWilliams, head of the FDIC, said that American regulators are focused on creating 'clear guidance' regulating banks' interactions with the crypto industry.

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