Banks and Fintech | ForkLog

ForkLog 33 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 37 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 18 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 93 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 33 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 5 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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ForkLog 16 16.05.2025

Fireblocks: Institutional Embrace of Stablecoins Grows

Nine out of ten institutions are planning or already using stablecoins, primarily focusing on cross-border payments, according to Fireblocks. Representatives of the digital asset platform surveyed 295 executives from banks, financial institutions, fintech companies, and payment services. 49% of respondents stated they have added support for stablecoins, 23% are conducting pilot tests, and another 18% […]

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ForkLog 20 15.05.2025

Chainlink Connects JPMorgan Blockchain with Ondo Chain Testnet

JPMorgan’s digital payment platform Kinexys conducted settlements using the DvP scheme with a tokenized money market fund on the Ondo Chain test network. This was made possible by Chainlink’s CCIP technology. The trial demonstrated how different blockchains can interact to handle RWA. This marks the first such coordination experience between a Wall Street permissioned network […]

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ForkLog 9 08.05.2025

US Regulator Highlights Broad Opportunities for Banks in Cryptocurrency Operations

American banks can conduct crypto transactions at the request of clients, provide custodial services through third parties, and also prepare tax reports on digital assets. This is outlined in the clarification by the OCC. OCC-regulated banks may buy and sell assets held in custody and are permitted to outsource bank-permissible crypto-asset activities, including custody and […]

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ForkLog 17 01.05.2025

Eric Trump Predicts Cryptocurrency Will Eclipse Major Banks

Eric Trump, son of the U.S. President, predicted at the Token2049 conference that major banks will decline due to cryptocurrencies. This was reported by The Block. “Modern finance is broken,” Trump emphasized during a discussion with TRON founder Justin Sun and World Liberty Financial (WLF) co-founder Zach Witkoff. He mentioned the past persecution of the […]

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ForkLog 19 25.04.2025

Federal Reserve Revokes Anti-Cryptocurrency Guidelines for Banks

The United States Federal Reserve announced the revocation of guidelines that had discouraged banks from engaging with digital assets. According to the statement, the regulator will no longer require financial institutions to provide advance notice of plans or current operations involving cryptocurrencies. Any actions related to digital assets will be monitored as part of the […]

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ForkLog 45 22.04.2025

ING Bank’s MiCA-Compliant Stablecoin Initiative Unveiled

Dutch banking giant ING is developing a “stablecoin” in alignment with European MiCA regulations, according to CoinDesk, citing its own sources. The initiative may take the form of a consortium involving other financial institutions and cryptocurrency service providers, the publication’s sources revealed. “ING is working on a stablecoin project with several other banks. Progress is […]

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