#Banks and Fintech

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

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ForkLog 16 23.04.2021

Paxos Secures Conditional National Bank License

The Office of the Comptroller of the Currency (OCC), part of the U.S. Treasury, has approved Paxos' application for a nationwide trust bank license.

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ForkLog 11 23.04.2021

Millions of euros belonging to Wirecard were carried out of the Munich office in plastic bags

For several years, employees of the now-defunct fintech company Wirecard carried cash in plastic bags out of the Munich headquarters, totaling several million euros. The Financial Times reports, citing former employees familiar with the situation.

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ForkLog 12 14.04.2021

Aximetria opens Bitcoin investments via Russian banks

The financial service Aximetria, based in Zug, Switzerland, unveiled a B2B solution that will enable Private Banking clients to invest in cryptocurrencies through a personal manager in any Russian bank.

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ForkLog 19 13.04.2021

HSBC confirms ban on MicroStrategy stock purchases

The largest bank in the United Kingdom, HSBC, has confirmed a ban on the purchase of MicroStrategy's stock. The restrictions apply to clients of the HSBC InvestDirect platform.

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ForkLog 6 12.04.2021

Russian banks to establish Russia’s first blockchain operator

Several major Russian banks have agreed to establish the first blockchain operator to develop technologies based on distributed ledgers.

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ForkLog 203 10.04.2021

HSBC clients report ban on MicroStrategy stock purchases

HSBC is reportedly prohibiting clients from buying MicroStrategy shares, which has concentrated a substantial portion of its reserves in bitcoin.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 15 08.04.2021

State Street to launch a digital-asset trading platform for banks

State Street, the second-oldest bank in the United States, will launch a digital-asset trading platform for financial institutions in mid-2021.

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ForkLog 18 08.04.2021

JPMorgan chief urges tougher crypto regulation

Digital currencies and fintech projects should have a clear legal status, as they potentially threaten the traditional banking sector, Jamie Dimon said in a letter to shareholders.

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ForkLog 6 06.04.2021

Tech Mahindra to launch ‘stablecoin-as-a-service’ tool for banks

The Indian IT giant Tech Mahindra and the Dutch blockchain incubator Quantoz will develop a service aimed at financial institutions for integrating stablecoins.

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ForkLog 9 29.03.2021

Canadian-listed fintech launches bitcoin-cashback mortgage

The Toronto Stock Exchange (TSX) and NASDAQ-listed Canadian fintech company Mogo announced the launch of a new incentive program offering cashback in the first cryptocurrency.

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ForkLog 10 26.03.2021

Avanti raises $37m ahead of digital-asset bank launch

The Avanti startup announced the closing of its Series A funding round, during which it raised $37m to launch a digital-asset bank. Total funding raised since inception stands at $44m.

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ForkLog 9 24.03.2021

Bitcoin-cashback platform Lolli raises $5m in pre-Series A

Lolli, which offers bitcoin cashback for online purchases, has raised $5 million in a pre-Series A funding round. It was led by venture-capital firm Seven Seven Six, co-founded by Reddit's Alexis Ohanian, and Night Media.

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