#Banks and Fintech

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

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ForkLog 19 15.02.2023

Citadel Securities and Susquehanna Acquire Stakes in Silvergate Bank

Citadel Securities and Susquehanna Advisors Group disclosed in filings with the U.S. Securities and Exchange Commission that they held 7.5% and 5.5% stakes in the crypto-friendly Silvergate Bank. Barron’s reports.

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ForkLog 10 11.02.2023

BNY Mellon says clients are increasingly interested in cryptocurrencies

Michael Demissi, head of the bank’s Advanced Solutions division, said cryptocurrencies have firmly entrenched themselves in the financial sector.

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ForkLog 24 01.02.2023

DekaBank and Metaco partner to launch cryptocurrency custody service

The Germany-based DekaBank, with €363 billion ($395.7 billion) in assets, selected Metaco's Harmonize as the primary platform for storing and managing institutional clients’ digital assets.

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ForkLog 11 01.02.2023

Analysts estimate annual losses for Russia’s banks from CBDC introduction at 50 billion rubles

The introduction of the digital ruble could potentially hit banks and benefit retailers. This was stated by analysts.

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ForkLog 16 30.01.2023

Binance to launch prepaid Mastercard in Brazil

Binance, in partnership with payment giant Mastercard, will launch a prepaid card in Brazil. This was announced by the CEO of the cryptocurrency exchange, Changpeng Zhao.

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ForkLog 19 19.01.2023

Media: National Australia Bank to create AUDN stablecoin, according to AFR

The National Australia Bank is creating an asset-backed stablecoin AUDN.

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ForkLog 18 17.01.2023

Silvergate Bank posts a $1.05 billion quarterly loss for Q4 2022

Silvergate Capital reported the results of its subsidiary Silvergate Bank for Q4 2022. The digital-asset-focused institution posted a net loss of $1.05 billion.

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ForkLog 19 22.12.2022

Huobi announces plan to launch Visa debit card

Huobi announced plans to issue a Visa debit card.

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ForkLog 25 20.12.2022

Polygon and Hi launch Web3 debit NFT Debit Mastercard

The Polygon project launched a Web3 platform to personalise debit cards NFT Debit Mastercard from the Hi financial app.

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ForkLog 14 14.12.2022

AIFC outlines preliminary results of pilot between Bitcoin exchanges and Kazakh banks

ForkLog spoke with Yagub Zamanov, director of the Department of Financial Technologies at the Astana International Financial Centre, about new rules for Bitcoin exchanges, local startups, and the FTX collapse.

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ForkLog 8 12.12.2022

Bitcoin Group to acquire Bankhaus von der Heydt

The cryptocurrency-focused holding Bitcoin Group has agreed to acquire the German bank Bankhaus von der Heydt (BVDH). This is stated in a press release.

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ForkLog 24 25.11.2022

British Starling Bank to curb customers’ crypto activity

The UK-based Starling Bank has banned cryptocurrency purchases via payment cards and imposed further restrictions on transfers related to digital assets.

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