#Banks and Fintech

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

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ForkLog 22 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.

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ForkLog 12 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.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 21 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.

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ForkLog 20 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.

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ForkLog 14 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.

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ForkLog 13 23.12.2020

Swiss crypto bank SEBA raises CHF 20 million in Series B

The regulated cryptocurrency bank SEBA announced the successful completion of its Series B funding round, through which it attracted CHF 20 million (~$22.5 million).

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ForkLog 19 23.12.2020

Otkritie Factoring joins Factorin blockchain platform

A blockchain platform for trade finance Factorin and the fintech company Otkritie Factoring have signed a partnership agreement.

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ForkLog 16 17.12.2020

Crystal Blockchain and FICO to help banks mitigate risks in servicing crypto firms

FICO, the analytics company, and Crystal Blockchain, the service from Bitfury Group, announced a partnership to provide banks with monitoring and risk-management services related to the cryptocurrency business.

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ForkLog 21 16.12.2020

Malta’s banks jeopardise plans for a ‘blockchain island’

Malta, crypto- and blockchain-friendly, faced a reluctance among local banks to work with industry representatives. This was reported, citing the country’s finance minister Clyde Caruana, by Lovin Malta.

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ForkLog 10 15.12.2020

Italian Banca Generali to offer clients bitcoin trading and custody services

Banca Generali, a unit of Italy's largest insurance company Assicurazioni Generali, will offer clients services for trading and custody of the first cryptocurrency. To this end, the financial institution invested in the Bitcoin wallet developer Conio.

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ForkLog 13 14.12.2020

Swiss-regulated cryptocurrency bank Sygnum tokenised its shares and plans to conduct the first DLT-based IPO among financial institutions.

Swiss-regulated cryptocurrency bank Sygnum tokenised its shares and plans to be the first among financial institutions to conduct an initial public offering (IPO) based on distributed ledger technology.

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ForkLog 12 11.12.2020

JPMorgan Conducted Test Intraday Repo Using JPM Coin on Upcoming Blockchain App

JPMorgan Chase conducted an intraday repo trade on an upcoming blockchain application. The calculations used the bank's developing stablecoin JPM Coin, according to a press release.

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