#Banks and Fintech

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

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ForkLog 16 03.09.2021

Revolut CEO lays out conditions for IPO

British fintech company Revolut intends to reach annual sales in the billions of dollars before the IPO.

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ForkLog 6 03.09.2021

Vast Bank customers allowed to trade cryptocurrencies from FDIC-insured accounts

Vast Bank clients will be able to buy, sell and store cryptocurrencies in checking accounts insured by the FDIC. The financial institution was the first in the United States to receive such authorization from the Office of the Comptroller of the Currency within the U.S. Department of the Treasury (OCC) and the Federal Reserve System (the Fed).

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ForkLog 15 23.08.2021

Xiaomi Outlines Conditions for Offering Cryptocurrency Services

The Chinese electronics maker Xiaomi is interested in cryptocurrencies, but needs clear regulatory clarity for the industry. This was stated by the company's vice president Manu Kumar Jain.

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ForkLog 9 20.08.2021

Chinese commercial banks open access to the digital yuan for customers

Thirty-five Chinese banks have integrated digital wallets supporting e-CNY into their apps.

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ForkLog 19 19.08.2021

JPMorgan closes Compass mining firm’s accounts

The financial conglomerate JPMorgan Chase has ceased servicing Compass, the mining company founded by Whit Gibbs.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 18.08.2021

British bank Lloyds Banking Group posts vacancy for cryptocurrency expert

Lloyds Banking Group has opened a vacancy for a senior manager of digital currencies and innovation, according to the organisation's site.

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ForkLog 9 14.08.2021

Chime fintech raises $750 million at a $25 billion valuation

The fintech company Chime Financial, which offers free mobile banking, raised $750 million in a new round of financing. The company's valuation reached $25 billion.

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ForkLog 7 13.08.2021

Media: Buffett-backed digital bank with Berkshire Hathaway investments plans a $2 billion Nasdaq IPO

The Brazilian digital bank Nubank plans to conduct an IPO on the Nasdaq stock exchange by the end of 2021. In the offering, the company aims to raise more than $2 billion.

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ForkLog 27 12.08.2021

DBS Bank wins in-principle approval in Singapore to offer cryptocurrency services

The brokerage arm of DBS Bank, the largest bank in Singapore, has received in-principle approval from the financial regulator to offer cryptocurrency services to asset managers and corporates.

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ForkLog 11 06.08.2021

Media: New Russian hacker group publishes data on 1 million credit cards on the dark web

The hacker group All World Cards posted on the dark web data for about one million credit cards, CNBC reports citing cybersecurity firm Q6. The attackers are linked to Russia.

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ForkLog 14 05.08.2021

Media: JPMorgan teams up with NYDIG to launch a bitcoin fund for wealthy clients

The financial holding JPMorgan opened to wealthy clients access to a passively managed bitcoin fund launched jointly with Stone Ridge Assets Management's subsidiary — NYDIG.

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ForkLog 23 04.08.2021

Australian digital-asset exchange CoinJar launches Mastercard-backed cryptocurrency card.

Australia's largest digital assets exchange CoinJar has launched a cryptocurrency payment card. The company said this is the first such product in the country supported by Mastercard.

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