#Banks and Fintech

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

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ForkLog 17 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 10 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 10 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 13 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 6 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 10 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 15 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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ForkLog 7 05.05.2021

Media: hundreds of American banks poised to give clients access to bitcoin

In the coming months, customers at some US banks will be able to buy, sell and store bitcoin using their existing accounts. CNBC, citing New York Digital Investment Group (NYDIG).

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ForkLog 19 04.05.2021

Singapore’s largest bank reveals results of its own Bitcoin exchange

Singapore's largest financial group disclosed the results of its cryptocurrency exchange — DBS Digital Exchange.

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ForkLog 42 28.04.2021

Gemini and Mastercard to launch crypto-cashback credit card

The cryptocurrency exchange Gemini signed an agreement with Mastercard and WebBank to launch in the summer of 2021 a credit card offering cashback in cryptocurrencies for residents of all U.S. states.

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ForkLog 10 27.04.2021

Former Neklis Bank executives arrested

The Moscow Tverskoy District Court arrested the former chairman of the board of the now-bankrupt Neklis Bank, Sergey Boriskin, and his deputy Natalia Akulova.

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ForkLog 10 27.04.2021

Blockchain startup Securrency raises $30 million from leading Wall Street players

The blockchain compliance solutions provider Securrency raised $30 million in a Series B funding round.

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