#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 12.11.2020

TON Labs to release hardware wallet for the Free TON blockchain

Developers of the Free TON blockchain project, based on the Telegram Open Network protocol, announced the release of smart cards with a hardware-wallet feature.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 11 11.11.2020

World’s second-largest bank to sell $3 billion in blockchain-based bonds for Bitcoin

The Chinese China Construction Bank (CCB), in collaboration with the cryptocurrency exchange Fusang, will issue debt securities worth $3 billion on the blockchain. The South China Morning Post reports this.

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ForkLog 15 11.11.2020

Moody’s forecasts outflow of bank capital due to the digital ruble

The appearance of the digital ruble could hit the retail bank accounts of Russia's financial institutions. This is reported by TASS citing Moody's, the international rating agency.

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ForkLog 13 03.11.2020

ZenGo to launch debit card in partnership with Visa

The startup behind the non-custodial ZenGo cryptocurrency wallet has joined the Visa Fast Track program. TechCrunch reports.

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ForkLog 24 29.10.2020

Crypto startup Avanti, Caitlin Long’s venture, gains U.S. bank status

The Wyoming Banking Board unanimously approved Avanti's charter and business plan, granting it official financial-institution status.

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ForkLog 17 29.10.2020

Coinbase announces a Visa debit card for US residents.

The cryptocurrency exchange Coinbase announced the launch of a Visa debit card with cashback in Bitcoin and Stellar for US users.

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ForkLog 12 27.10.2020

JPMorgan revives JPM Coin stablecoin project

An unnamed technology company has begun using JPMorgan's JPM Coin stablecoin to send payments worldwide around the clock. This prompted the bank to create the Onyx division, which will focus on blockchain and digital-currency projects, CNBC reports.

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ForkLog 13 27.10.2020

Cashaa to launch a crypto-friendly bank in India with dozens of branches

British fintech Cashaa has formed a joint venture in India with United Multistate Credit to launch a crypto-friendly bank serving customers across dozens of branches.

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ForkLog 6 27.10.2020

Crypto-company deposits at Silvergate Bank surpass $2 billion

In the third quarter, the Bitcoin-friendly Silvergate Bank accepted deposits from cryptocurrency companies totaling $586 million, bringing its total to $2.1 billion, according to Forbes.

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ForkLog 13 22.10.2020

Raiffeisen Bank to enable cross-blockchain interoperability for tokenised currencies

Raiffeisen Bank International (RBI) will enable cross-blockchain interoperability in its national currencies tokenisation project.

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ForkLog 16 21.10.2020

Stablecoin issuers helped Signature Bank attract $1 billion in deposits

New York-based Signature Bank, whose clients include cryptocurrency companies, increased deposits by $4.11 billion in Q3. A quarter of that amount came from crypto firms, including stablecoin issuers, according to Coindesk.

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ForkLog 9 21.10.2020

American regulator: DeFi will redefine the role of banks in society

Distributed ledger technology and decentralized finance (DeFi) will turn the traditional banking sector into an archaic structure, according to Brian Brooks, head of the Office of the Comptroller of the Currency (OCC).

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