#Banks and Fintech

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

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ForkLog 7 24.02.2021

Swiss bank with 177-year history adds cryptocurrency support

Founded in 1844 in Geneva, private bank Bordier & Cie added to its services the purchase, trading and custody of Bitcoin, Ethereum, Bitcoin Cash and Tezos. The initiative was implemented with the mediation of the regulated crypto-bank Sygnum.

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ForkLog 10 23.02.2021

JPMorgan urges abandoning Bitcoin in favour of fintech

Bitcoin is at most an 'economic spectacle', and the main outcome of the COVID-19 pandemic will be the rise of fintech. This view was presented in a new JPMorgan analyst report, CNBC reports.

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ForkLog 17 18.02.2021

Wall Street clients pile into Polkadot via ETPs

Clients of investment banks Goldman Sachs, JPMorgan and UBS were among the buyers of a Polkadot-based exchange-traded product (ETP) from 21Shares. CoinDesk reports, citing Bloomberg terminal data.

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ForkLog 15 13.02.2021

Elon Musk criticises banks for slow transactions and weak security

Elon Musk, founder of Tesla and SpaceX, criticised modern banks for their slow systems and insecure databases.

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ForkLog 11 13.02.2021

Deutsche Bank to launch custody service for cryptocurrencies

The Deutsche Bank group plans to launch a custody service for cryptocurrencies aimed at major investors. This follows the World Economic Forum (WEF) report from December 2020.

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ForkLog 19 11.02.2021

America’s oldest bank to offer Bitcoin custody services

The Bank of New York Mellon, trusted by clients in 35 countries to custody assets valued at $41.1 trillion, will add Bitcoin custody and other cryptocurrency services to its roster, according to The Wall Street Journal.

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ForkLog 7 11.02.2021

AllianceBernstein flags competition between the DeFi sector and banks

The financial giant AllianceBernstein, with $600 billion in assets under management, addressed decentralized exchanges in a client note and forecast DeFi protocols expanding to the scale of traditional-finance institutions.

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ForkLog 10 09.02.2021

Thailand’s biggest bank launches $50 million blockchain fund

SCB 10X, the venture arm of Thailand's oldest bank, Siam Commercial Bank, has a $50 million fund. It will focus on investments in startups aimed at the next generation of financial services and digital systems. CoinDesk reports.

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ForkLog 15 08.02.2021

Protego Trust Bank wins second U.S. national digital-asset bank charter

The Office of the Comptroller of the Currency (OCC), part of the U.S. Treasury, approved Protego Trust Bank's application for a national 'digital asset bank' license, according to the company's press release.

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ForkLog 18 03.02.2021

Visa to test solution to integrate bitcoin payments with banks

The payments company Visa announced testing of a set of application programming interfaces (APIs) that will allow customers of traditional banks to buy and sell digital assets such as Bitcoin.

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ForkLog 11 27.01.2021

CBR forecasts higher rates after digital ruble rollout

The Bank of Russia published an analytical note on changes for banks and their clients in the event of the release of the digital ruble.

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ForkLog 8 26.01.2021

Bank of Singapore: Bitcoin Could Rival Gold as a Store of Value

Digital assets could secure a store-of-value status and compete with gold in the future. This view was presented by Bank of Singapore's chief economist Mansur Mohi-ud-din.

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