#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 06.06.2022

Russia develops solution for automated DFA transactions

The Lighthouse fintech company and Tinkoff Business have developed a solution to automate DFA operations between token issuers and investors.

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ForkLog 12 23.05.2022

Media: Sumitomo Mitsui Trust to launch custodial service for cryptocurrencies

The Sumitomo Mitsui Trust Bank, with assets worth $664 billion, will create a subsidiary that will offer custody services for cryptocurrencies to institutional investors. Nikkei Asia reports.

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ForkLog 13 11.05.2022

Fasanara Capital to raise $350 million for a fund focused on cryptocurrencies and fintech

London-based venture firm Fasanara Capital is raising $350 million for a fund that will invest in cryptocurrency and fintech startups. The Block reports.

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ForkLog 21 06.05.2022

Liechtenstein’s Princely Family Bank to Offer Bitcoin Investments for Private Clients

The LGT Bank, owned by the princely house of Liechtenstein, will offer private clients cryptocurrency custody services and the ability to invest in Bitcoin and Ethereum.

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ForkLog 15 06.05.2022

Argentina’s central bank bars banks from offering crypto-related services to clients

The Central Bank of the Argentine Republic has banned local credit institutions from offering clients services related to digital assets. The regulator's restriction extends to cryptocurrency derivatives as well.

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ForkLog 16 03.05.2022

Bankoff suspends operations. Client funds frozen.

On May 3, Bankoff said that Visa and Stripe had suspended servicing its virtual cards by Visa and Stripe.

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ForkLog 38 03.05.2022

Crypto.com token falls 25% after staking rewards cut

The Crypto.com cryptocurrency platform announced a substantial reduction in staking rewards for the CRO token on prepaid cards. The asset's price fell in response.

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ForkLog 15 03.05.2022

Argentine bank opens access to cryptocurrencies for clients

One of Argentina's largest banks — Banco Galicia — has opened access to cryptocurrencies for clients. On its platform, users can buy Bitcoin, Ethereum, XRP and the stablecoin USDC.

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ForkLog 23 22.04.2022

Coinbase opens access to its crypto card for all US residents

The cryptocurrency exchange Coinbase announced the launch in the United States of a Visa debit card offering up to 4% crypto cashback on every purchase.

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ForkLog 19 18.04.2022

Seven more banks to join testing of the digital ruble

Seven banks will join the testing of the digital ruble platform in the coming months.

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ForkLog 9 18.04.2022

Biden nominates former Ripple adviser for vice chair role at the Federal Reserve

U.S. President Joe Biden has proposed the candidacy of former Ripple adviser Michael Barr for the position of vice chair for supervision of the Federal Reserve.

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ForkLog 16 15.04.2022

Banco de Portugal issues first cryptocurrency licence to a bank

Bison Bank, the first among Portuguese banks, received from Banco de Portugal a licence as a virtual asset service provider (VASP).

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