#Banks and Fintech

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

Все материалы Сначала популярные

ForkLog 5 22.01.2021

Media: Sberbank estimates security costs for the digital ruble at 25 billion rubles

Participants in the Russian financial market discussed the digital ruble and preliminarily assessed the costs of its implementation on the platform of the Association of Russian Banks, writes Kommersant.

AI translated

ForkLog 6 19.01.2021

Crypto-exchange owner seeks $290,000 from banks over account freezes

Allan Flynn is seeking $290,000 in damages from Westpac and ANZ in court. Banks' reluctance to work with cryptocurrency crippled the Australian's exchange business, according to the Financial Review.

AI translated

ForkLog 8 17.01.2021

Goldman Sachs weighs entry into the crypto market.

One of the world's largest investment banks, Goldman Sachs, is studying the possibility of launching a custodial service for digital assets. CoinDesk reports, citing a source familiar with the matter.

AI translated

ForkLog 11 15.01.2021

Deltec, the bank that holds Tether’s reserves, reports a large Bitcoin position

Deltec, the Bahamas-based bank that stores the assets of the Tether stablecoin issuer, has acquired a substantial amount of Bitcoin for its clients, according to Hugo Rogers, the bank's chief investment officer.

AI translated

ForkLog 17 14.01.2021

NYDIG and Moven to simplify banks’ Bitcoin services

The crypto platform New York Digital Investment Group (NYDIG) together with fintech company Moven will develop an offering that will simplify for financial institutions the launch of Bitcoin-related services.

AI translated

ForkLog 37 14.01.2021

Anchorage becomes the first federally chartered digital-asset bank in the United States

The Office of the Comptroller of the Currency (OCC) within the U.S. Treasury approved Anchorage's custody application for a nationwide digital-asset bank license.

AI translated

ForkLog 10 13.01.2021

Russian banks warn of cyber threats in rollout of the digital ruble

The launch of the digital ruble is associated with cybersecurity risks and potential outflows of client funds from banks. This is evidenced by data from a study by the Association of Russian Banks (ABR), reported by RIA Novosti.

AI translated

ForkLog 17 12.01.2021

Opinion: New crypto-regulation rules will leave small banks on the sidelines

Avanti founder Caitlin Long called OCC rules allowing banks to issue stablecoins a double-edged sword, according to Decrypt.

AI translated

ForkLog 11 11.01.2021

South Korea’s oldest bank invests in a Bitcoin custody consortium

South Korea's Shinhan Bank invested in Korea Digital Asset Trust (KDAC) — an industry custody consortium, according to a Yonhap report.

AI translated

uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 10 11.01.2021

Bangladesh conducts its first Shariah-compliant blockchain transaction.

City Bank, based in Bangladesh, in partnership with the International Islamic Trade Finance Corporation (ITFC), issued a blockchain-based letter of credit compliant with Sharia law, according to Finance Magnates.

AI translated

ForkLog 15 11.01.2021

Media: HSBC blocks transfers to cryptocurrency exchanges

The largest bank in the United Kingdom, HSBC, is blocking transfers related to cryptocurrency exchanges. This will make it harder for residents to access fiat, according to The Sunday Times.

AI translated

ForkLog 11 30.12.2020

Cashaa opens crypto-friendly bank in India

Unicas, a joint venture of Cashaa and United Multistate Credit, opened a crypto-friendly bank branch in Jaipur, India.

AI translated