#Banks and Fintech

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

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ForkLog 15 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 20 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 16 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 12 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 11 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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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 13 25.10.2021

Nium launches crypto platform for institutional clients

The Singapore-based payments service Nium has launched a Crypto-as-a-Service (CaaS, cryptocurrencies as a service). It targets US-registered banks, corporations and fintech startups.

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ForkLog 7 15.10.2021

Morgan Stanley chief says clients show limited interest in Bitcoin

Cryptocurrencies and the blockchain technology behind them have proved durable, but among Morgan Stanley's clients digital assets do not command significant demand. This was stated by Morgan Stanley chief executive James Gorman.

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ForkLog 11 14.10.2021

Tala, working with Circle and Stellar, raises $145 million

The fintech Tala raised $145 million to expand financial services and develop a cryptocurrency product for developing markets.

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ForkLog 10 05.10.2021

One of America’s largest banks announces launch of Bitcoin custody service

The fifth-largest bank in the United States by assets, U.S. Bank, plans to offer clients a custody service for cryptocurrencies.

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ForkLog 19 30.09.2021

Fintech company co-founded by a PayPal co-founder will give clients access to cryptocurrencies

Affirm, the fintech company co-founded by PayPal co-founder Max Levchin, will allow customers to trade cryptocurrencies directly from savings accounts.

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ForkLog 19 28.09.2021

Coinbase to launch payroll-to-crypto service

In the coming weeks, Coinbase will launch a service to convert salaries into cryptocurrency. To this end, the American bitcoin exchange will work with leading players in the recruitment and payroll settlements sectors.

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ForkLog 31 15.09.2021

Bank of Russia proposes curbing bank payments to Bitcoin exchanges

The Bank of Russia, together with credit institutions, will create a mechanism to block payments to cryptocurrency exchanges.

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