#Banks and Fintech

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

Все материалы Сначала популярные

ForkLog 21 24.06.2021

Visa to acquire fintech platform Tink for €1.8 billion

Visa has agreed to acquire the Swedish open-banking platform Tink for €1.8 billion (~$2.15 billion).

AI translated

ForkLog 25 23.06.2021

Bakkt launches virtual Visa debit card for Bitcoin payments

The regulated Bakkt platform for trading Bitcoin derivatives, in partnership with Sutton Bank, has launched a virtual Visa debit card. Its holders can pay for purchases using digital gold without waiting for cryptocurrency to be converted to fiat.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 9 21.06.2021

South Korean banks to assess viability of partnerships with cryptocurrency exchanges

South Korean banks are reevaluating partnerships with local cryptocurrency exchanges to determine whether such cooperation is worthwhile.

AI translated

ForkLog 14 21.06.2021

Media: One of China’s largest banks bans Bitcoin-related operations.

The Agricultural Bank of China, the third-largest bank in China, published a notice banning cryptocurrency-related transactions, but later deleted it.

AI translated

ForkLog 16 20.06.2021

UK bank to bar customers from buying cryptocurrency on Binance and Kraken

In the coming days, more than five million retail customers of the UK bank TSB will lose the ability to buy cryptocurrency on Binance and Kraken, according to The Times.

AI translated

ForkLog 16 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.

AI translated

ForkLog 50 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.

AI translated

ForkLog 13 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.

AI translated

ForkLog 19 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.

AI translated

ForkLog 30 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.

AI translated

ForkLog 29 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.

AI translated

ForkLog 12 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.

AI translated