Banks and Fintech | ForkLog

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 18 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 25 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 13 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 15 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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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.

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ForkLog 7 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.

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ForkLog 12 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.

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ForkLog 24 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.

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ForkLog 26 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.

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ForkLog 50 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.

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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.

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