#Banks and Fintech

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

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ForkLog 11 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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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 7 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 11 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 5 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 11 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 8 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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ForkLog 10 14.10.2020

Ternio announces partnership with Visa

The crypto company Ternio has joined Visa Fast Track to issue cards and roll out other payment solutions.

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ForkLog 12 09.10.2020

Handelsblatt links former Wirecard top executive to Russian RFI Bank

The former chief operating officer of the collapsed German fintech group Wirecard, Jan Marsalek, has close ties to Russian financial circles, according to Handelsblatt citing its own sources.

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ForkLog 9 08.10.2020

Cashaa to launch crypto-friendly internet bank in India

The British fintech company Cashaa announced a solution that will give cryptocurrency holders in India full access to banking services. Cointelegraph reports this.

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ForkLog 22 07.10.2020

Kyrgyzstan halts banking operations and disables SWIFT

On 7 October, the National Bank of Kyrgyzstan recommended commercial banks and non-bank financial institutions suspend operations amid ongoing mass protests in the country. The cross-border SWIFT payments system was also disabled.

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ForkLog 9 30.09.2020

DeFi in Practice: Final Takeaways from ForkLog Conference

On September 29, ForkLog Live hosted the online conference “DeFi: A Practical Guide.” Nine speakers discussed the trends and challenges in the decentralized finance market and debated regulatory prospects. Here is a brief summary of their presentations.

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