Banks and Fintech | ForkLog

ForkLog 113 08.08.2025

Salomon Brothers’ Initiative Deemed an Attack on Bitcoin

The initiative by the company operating under the Salomon Brothers brand to claim rights to “abandoned” bitcoin wallets through OP_RETURN transactions is both legally and technically flawed. This opinion was expressed by experts consulted by ForkLog. According to them, the “doctrine of abandonment” is inapplicable to cryptocurrency addresses, and the idea itself contradicts the fundamental […]

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ForkLog 112 07.08.2025

Salomon Brothers Claims Rights to ‘Abandoned’ Bitcoin Wallets via OP_RETURN

A company operating under the Salomon Brothers brand has sent notifications to bitcoin addresses it deems “abandoned.” The firm intends to gain access to them, reports CoinDesk. The aim is to protect funds from criminals and “rogue states,” according to representatives of the financial institution. The legal basis is the “doctrine of abandonment”, which states […]

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ForkLog 26 23.07.2025

Goldman Sachs and BNY Mellon to Offer Tokenized Funds to Clients

American financial giants Goldman Sachs and BNY Mellon have announced a joint initiative to provide institutional investors with access to tokenized funds. According to the press release, BNY Mellon will utilize blockchain technology developed by Goldman Sachs to manage client rights for selected products. The initial launch will involve BNY Investments Dreyfus, Federated Hermes, Fidelity […]

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ForkLog 34 18.07.2025

Sber Proposes Banks as Custodians for Bitcoin Storage

Sber has proposed that Russian banks become centers for the accounting and storage of cryptocurrencies. This was reported by “Vedomosti” citing Anatoly Pronin, a representative of the financial institution.

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ForkLog 24 16.07.2025

Standard Chartered Bankers Show Preference for Stablecoins Over Bitcoin

Experts predict the market capitalization of stablecoins will reach $750 billion by the end of 2026. Key cryptocurrency bills are under consideration in the United States. JPMorgan is exploring stablecoins under pressure from fintech competitors. Clients of the American branch of Standard Chartered are showing greater interest in stablecoins than in Bitcoin. This was stated […]

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ForkLog 66 15.07.2025

Standard Chartered Initiates Bitcoin and Ethereum Trading

Standard Chartered Bank has permitted institutional clients to trade Bitcoin and Ethereum, as stated in a press release.

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ForkLog 43 07.07.2025

BBVA Opens Bitcoin and Ethereum Access to Retail Clients

The banking group BBVA has opened up trading and custody services for Bitcoin and Ethereum to retail clients in Spain. The service is available through the bank’s mobile app for all adult customers. The launch followed an application to the National Securities Market Commission in March 2025. The bank independently holds clients’ assets without involving […]

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ForkLog 46 03.07.2025

Ripple Seeks U.S. Banking License

Ripple has applied for a national bank license with the U.S. Office of the Comptroller of the Currency (OCC). This information was confirmed by the company’s CEO, Brad Garlinghouse. True to our long-standing compliance roots, @Ripple is applying for a national bank charter from the OCC. If approved, we would have both state (via NYDFS) […]

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ForkLog 22 25.06.2025

Barclays to Ban Cryptocurrency Purchases for Clients

From June 27, Barclays, one of the largest banks in the United Kingdom, will block cryptocurrency transactions for its clients using their cards. This is stated on the institution’s website. The decision was explained by the risks associated with the volatility of digital assets. The bank stated that the decline in cryptocurrency prices could lead […]

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ForkLog 103 05.06.2025

JPMorgan to Accept BlackRock’s Bitcoin ETF as Loan Collateral

America’s largest bank, JPMorgan, is set to accept BlackRock’s Bitcoin ETF as collateral for loans to its clients in trading and asset management divisions, according to sources cited by Bloomberg. The institution may extend this decision to other spot exchange-traded funds based on digital gold in the future. The changes apply to all bank clients, […]

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ForkLog 40 23.05.2025

US Banks to Launch Stablecoin Consortium, Reports WSJ

Major US banks are in discussions to jointly issue a “stablecoin,” according to WSJ. The initiative aims to counter the growing influence of the crypto industry, sources told the publication. Participants in the talks include Early Warning Services (operator of the Zelle payment system) and The Clearing House (a network for instant transfers), owned by […]

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ForkLog 12 20.05.2025

JPMorgan to Enable Bitcoin Purchases for Clients

The financial conglomerate JPMorgan will soon allow clients to purchase the leading cryptocurrency, though it will not act as its custodian. This was stated by the bank’s CEO, Jamie Dimon, according to CoinDesk. The Bitcoin skeptic has not changed his stance. The top executive emphasized that he remains not a “fan” of digital gold, as […]

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