#Banks and Fintech

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

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ForkLog 22 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 9 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 14 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 8 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 28 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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ForkLog 32 15.07.2021

Visa and Mastercard will continue working with Binance despite regulatory pressure

Visa and Mastercard will not abandon cooperation with Binance, despite heightened regulatory scrutiny.

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ForkLog 30 14.07.2021

Australian startup CryptoSpend to launch debit card in partnership with Visa

The Australian-based startup CryptoSpend has won approval from Visa to issue debit cards that enable payments in Bitcoin and other cryptocurrencies.

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ForkLog 21 13.07.2021

Avanti CEO Caitlin Long criticises Fed stance on cryptocurrency firms

The U.S. Federal Reserve will make it harder for digital asset–related companies to access the payments system and bank accounts, according to Caitlin Long, founder and CEO of Avanti, a cryptocurrency bank.

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ForkLog 7 12.07.2021

Australian online broker to add cryptocurrency trading

Listed on the ASX, the Australian online broker SelfWealth announced the addition of the ability to buy and sell digital assets on its platform.

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ForkLog 35 08.07.2021

Santander blocks payments to Binance for UK customers

The British arm of Santander has notified customers that it will block payments to the cryptocurrency exchange Binance from their accounts. Decrypt reports.

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ForkLog 18 07.07.2021

BlockFi launches Bitcoin-cashback Visa card

BlockFi launches a Visa credit card with 1.5-2% Bitcoin cashback for U.S.-based customers.

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ForkLog 22 07.07.2021

Visa crypto-card holders spent more than $1 billion in H1 2021

In the first half of 2021, the volume of transactions on Visa's debit crypto cards exceeded $1 billion.

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