#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 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 10 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 18 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The Reserve Bank of India (RBI) has asked regulated entities not to refer to the repealed directive prohibiting cryptocurrency operations.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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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 12 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 16 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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ForkLog 23 24.05.2021

HSBC chief: We do not view Bitcoin as an asset class

HSBC chief executive Noel Quinn told Reuters in an interview that the UK's largest bank does not plan to launch a cryptocurrency trading desk or offer them to clients as an investment instrument.

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ForkLog 11 19.05.2021

Wells Fargo to open access to cryptocurrencies for accredited investors

The asset management division of the Wells Fargo financial holding company will open access to cryptocurrencies to accredited investors.

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ForkLog 12 19.05.2021

Ripple Partners With Egypt’s Largest Bank

National Bank of Egypt (NBE) has joined the global RippleNet payments network to boost remittance efficiency.

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ForkLog 20 18.05.2021

Lithuanian fintech startup suspected of siphoning €100 million from Wirecard

The Munich public prosecutor's office is investigating a possible link between the Lithuanian fintech Finolita and the theft of more than €100 million from the Wirecard payment service in the weeks before its collapse.

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ForkLog 8 18.05.2021

Fitch: CBDCs will strengthen oversight of the payments sector

CBDCs will bring benefits but could disrupt the financial system, according to Fitch's report.

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ForkLog 16 14.05.2021

Swissquote and PostFinance launch app to buy Bitcoin

The Swiss national postal operator PostFinance and the online bank Swissquote have launched the Yuh app. Its users will be able to invest in Bitcoin, Ethereum and 11 other cryptocurrencies.

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ForkLog 22 13.05.2021

RBI urges banks to sever ties with Bitcoin exchanges

The RBI unofficially pressures banks to reassess ties with cryptocurrency exchanges and traders, Reuters reports citing its own sources.

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