#Banks and Fintech

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

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ForkLog 11 18.06.2021

BBVA launches Bitcoin storage and trading service in Switzerland

One of Spain's largest banks, Banco Bilbao Vizcaya Argentaria (BBVA), with assets of $856 billion, launched a service for trading and storing digital assets in Switzerland.

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ForkLog 42 18.06.2021

Danske Bank decides not to restrict customers’ cryptocurrency transactions

Denmark's largest bank, Danske Bank, takes a cautious approach to digital assets but will not hinder customers' interactions with crypto services, according to a notice.

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ForkLog 11 11.06.2021

Texas authorities allow banks to store cryptocurrencies

The Texas Department of Banking has allowed state-chartered banks to hold cryptocurrencies, according to a regulator's notice dated June 10.

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ForkLog 15 11.06.2021

State Street to launch division dedicated to digital assets and DeFi

The second-oldest bank in the United States, State Street, announced the creation of a new division focused on digital assets and the decentralised finance (DeFi) sector. The information is stated in the organisation's press release.

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ForkLog 24 10.06.2021

Basel Committee proposes requirements for banks investing in Bitcoin

Credit institutions should hold sufficient reserves to cover potential losses from investments in Bitcoin and other cryptocurrencies, the Basel Committee on Banking Supervision proposed in its published consultative document.

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ForkLog 24 09.06.2021

Warren Buffett’s Berkshire Hathaway Invests $500 Million in Crypto-Friendly Neobank Nubank

Warren Buffett's investment holding Berkshire Hathaway invested $500 million in Brazilian Nubank. The funding continued the Series G round, in which the neobank was valued at $30 billion.

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ForkLog 9 08.06.2021

Basel Committee to discuss development of cryptoasset rules

The Basel Committee on Banking Supervision (BCBS) plans to hold public consultations on the use of cryptocurrencies. This is stated on the organization's website.

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ForkLog 10 03.06.2021

South Korean banks report revenue growth amid crypto frenzy

In the first quarter of 2021, South Korean banks processed 64.2 trillion won (~$57.9 billion) in transactions on verified accounts linked to cryptocurrency exchanges, already exceeding the total for 2020.

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ForkLog 9 01.06.2021

British Starling Bank to resume transfers to Bitcoin exchanges

The UK-based neobank Starling Bank will restore its ability to deposit funds with cryptocurrency exchanges, according to Decrypt, citing a company representative.

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ForkLog 15 31.05.2021

RBI reminds banks of repeal of cryptocurrency ban

The Reserve Bank of India (RBI) has asked regulated entities not to refer to the repealed directive prohibiting cryptocurrency operations. The regulator's site notes this.

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ForkLog 11 31.05.2021

British neobank Starling Bank temporarily bans deposits to Bitcoin exchanges

British neobank Starling Bank temporarily barred customers from depositing funds to cryptocurrency exchanges amid concerns about criminal activity.

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ForkLog 13 26.05.2021

Nebraska Allows Banks to Hold Cryptocurrency

The governor of Nebraska, Pete Ricketts, signed a bill allowing local banks to hold cryptocurrency.

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