Banks and Fintech | ForkLog

ForkLog 14 12.11.2021

Monobank co-founder: Bitcoin card ready, but awaiting approval from Ukraine’s central bank

The bitcoin card, which would enable customers of Ukrainian monobank to conduct cryptocurrency operations, is ready and has been awaiting approval from the National Bank of Ukraine for three months. This was stated by Oleg Gorokhovsky, co-founder of the company.

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ForkLog 20 09.11.2021

Mastercard to launch bitcoin-linked cards in the Asia-Pacific region

Mastercard will launch debit, credit and prepaid cards linked to bitcoin in the Asia-Pacific region. They will allow businesses and consumers to pay for purchases with cryptocurrency.

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ForkLog 11 08.11.2021

Morgan Stanley forecasts banks will offer stablecoin deposits

Banks will seek to profit from demand for stablecoin deposits as the market grows exponentially, according to a report by Morgan Stanley's top crypto strategist Shina Sho, cited by CoinDesk.

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ForkLog 18 08.11.2021

Media reports resignation of Austrian military official over possible ties to Wirecard executive

A senior official at the Austrian defence ministry has been suspended from his post over suspected ties to former Wirecard chief operating officer Jan Marsalek and Russia.

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ForkLog 21 08.11.2021

Former Citigroup chief predicts a surge in banks’ interest in cryptocurrencies.

The chairman of The Orogen Group and former Citigroup CEO Vikram Pandit is convinced that soon all large financial institutions will consider trading cryptocurrencies. Bloomberg reports.

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ForkLog 17 04.11.2021

Thailand’s oldest and third-largest bank, Siam Commercial Bank (SCB), buys 51% stake in Bitkub for $536 million

The oldest and third-largest bank in Thailand, Siam Commercial Bank (SCB), invested about 17.85 billion Thai baht (~$536 million) in the cryptocurrency exchange Bitkub by purchasing 51% of its shares.

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ForkLog 12 03.11.2021

Australia’s largest bank to give clients access to cryptocurrencies

The Commonwealth Bank of Australia has announced that it will become the first bank in the country to offer clients the ability to buy, sell and store cryptocurrency through its CommBank app.

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ForkLog 16 26.10.2021

FDIC chair: US regulators shaping framework for banks’ crypto activities

Elena McWilliams, head of the FDIC, said that American regulators are focused on creating 'clear guidance' regulating banks' interactions with the crypto industry.

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ForkLog 14 25.10.2021

Nium launches crypto platform for institutional clients

The Singapore-based payments service Nium has launched a Crypto-as-a-Service (CaaS, cryptocurrencies as a service). It targets US-registered banks, corporations and fintech startups.

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ForkLog 8 15.10.2021

Morgan Stanley chief says clients show limited interest in Bitcoin

Cryptocurrencies and the blockchain technology behind them have proved durable, but among Morgan Stanley's clients digital assets do not command significant demand. This was stated by Morgan Stanley chief executive James Gorman.

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ForkLog 14 14.10.2021

Tala, working with Circle and Stellar, raises $145 million

The fintech Tala raised $145 million to expand financial services and develop a cryptocurrency product for developing markets.

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ForkLog 11 05.10.2021

One of America’s largest banks announces launch of Bitcoin custody service

The fifth-largest bank in the United States by assets, U.S. Bank, plans to offer clients a custody service for cryptocurrencies.

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