#Banks and Fintech

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

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ForkLog 9 29.07.2021

State Street to offer cryptocurrency services to private funds

State Street, the second-oldest active bank in the United States, plans to offer the private funds it serves cryptocurrency trading, reporting, and account reconciliation services, Bloomberg reports.

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ForkLog 14 29.07.2021

YouTube influencer Logan Paul invests in Bitcoin cashback platform Lolli in $10 million Series A

Lolli, the company that offers Bitcoin cashback on online purchases, raised $10 million in a Series A round led by venture firm Acrew Capital.

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ForkLog 10 28.07.2021

Wealthy clients show interest in cryptocurrencies at Swiss bank Vontobel

In a Bloomberg interview, Zeno Staub, CEO of Swiss private bank Vontobel, said that some wealthy clients are interested in moving part of their assets into cryptocurrencies.

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ForkLog 8 26.07.2021

Media: Kazakh banks will be allowed to open accounts for cryptocurrency companies

Companies providing cryptocurrency-related services will be able to open accounts in Kazakh banks as part of a pilot project, local media reported.

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ForkLog 10 22.07.2021

JPMorgan offers retail clients access to cryptocurrency funds

The financial holding JPMorgan has opened access for its asset-management clients to Grayscale’s cryptocurrency funds based on Bitcoin, Bitcoin Cash, Ethereum and Ethereum Classic, as well as to the Osprey Bitcoin Trust.

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ForkLog 11 22.07.2021

NatWest blocks transfers to Binance amid regulatory uncertainty

British bank NatWest blocked transfers to the Bitcoin exchange Binance, citing regulatory uncertainty.

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ForkLog 19 21.07.2021

BNY Mellon joins Pure Digital, the crypto platform for banks

In response to rising demand from institutional clients, the financial group BNY Mellon joined a consortium of six banks backing the Pure Digital platform for trading digital assets.

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ForkLog 18 21.07.2021

Crypto firms’ deposits at Silvergate Bank reach $11.8 billion

In the second quarter of 2021, the digital-asset-friendly Silvergate Bank accepted $4.3 billion in deposits from cryptocurrency companies, with their average balance standing at $9.9 billion. The majority of the funds (about $2.4 billion) came from Bitcoin-exchange clients.

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ForkLog 6 20.07.2021

Mastercard to simplify crypto-to-fiat conversion

Mastercard plans to expand its crypto card program to simplify converting digital assets into fiat.

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ForkLog 10 20.07.2021

JPMorgan to expand blockchain division headcount

JPMorgan has opened 84 blockchain-related vacancies. Many of them are posted on LinkedIn, the professional networking site for job hunting and business networking.

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ForkLog 7 19.07.2021

Anchorage chief describes institutional reaction to crypto-market downturn

The decline in crypto prices did not affect the plans of companies developing projects in the sector, and institutional investors began pouring more money into digital assets, including the DeFi segment. Diogo Monica, president of Anchorage, said.

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ForkLog 20 15.07.2021

Online bank Revolut raises $800m at a $33bn valuation

The British fintech firm Revolut has raised $800 million in a new funding round led by SoftBank and Tiger Global Management.

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