#Banks and Fintech

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

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ForkLog 13 12.04.2021

Russian banks to establish Russia’s first blockchain operator

Several major Russian banks have agreed to establish the first blockchain operator to develop technologies based on distributed ledgers.

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ForkLog 228 10.04.2021

HSBC clients report ban on MicroStrategy stock purchases

HSBC is reportedly prohibiting clients from buying MicroStrategy shares, which has concentrated a substantial portion of its reserves in bitcoin.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 21 08.04.2021

State Street to launch a digital-asset trading platform for banks

State Street, the second-oldest bank in the United States, will launch a digital-asset trading platform for financial institutions in mid-2021.

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ForkLog 23 08.04.2021

JPMorgan chief urges tougher crypto regulation

Digital currencies and fintech projects should have a clear legal status, as they potentially threaten the traditional banking sector, Jamie Dimon said in a letter to shareholders.

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ForkLog 7 06.04.2021

Tech Mahindra to launch ‘stablecoin-as-a-service’ tool for banks

The Indian IT giant Tech Mahindra and the Dutch blockchain incubator Quantoz will develop a service aimed at financial institutions for integrating stablecoins.

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ForkLog 9 29.03.2021

Canadian-listed fintech launches bitcoin-cashback mortgage

The Toronto Stock Exchange (TSX) and NASDAQ-listed Canadian fintech company Mogo announced the launch of a new incentive program offering cashback in the first cryptocurrency.

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ForkLog 115 26.03.2021

Avanti raises $37m ahead of digital-asset bank launch

The Avanti startup announced the closing of its Series A funding round, during which it raised $37m to launch a digital-asset bank. Total funding raised since inception stands at $44m.

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ForkLog 10 24.03.2021

Bitcoin-cashback platform Lolli raises $5m in pre-Series A

Lolli, which offers bitcoin cashback for online purchases, has raised $5 million in a pre-Series A funding round. It was led by venture-capital firm Seven Seven Six, co-founded by Reddit's Alexis Ohanian, and Night Media.

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ForkLog 19 23.03.2021

Bitcoin-friendly startup Revolut pulls out of the Russian market

The British fintech startup Revolut refused to enter the Russian market. This was stated by the company's founder Nikolai Storonsky in an interview with businessman Oleg Tinkov.

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ForkLog 11 20.03.2021

VTB chief Andrey Kostin likens Bitcoin mining to counterfeiting

Andrey Kostin, chairman of the board of VTB Bank, during an online discussion with Private Banking clients expressed the view that the future of Bitcoin is doomed, despite the rapid rise in the price of the cryptocurrency. Forbes reports this.

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ForkLog 10 19.03.2021

Crypto.com Becomes Principal Member of Visa Network in Australia

Hong Kong-based cryptocurrency company Crypto.com has announced a global partnership with Visa, which includes obtaining Principal Member status of the payments network in Australia.

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ForkLog 20 19.03.2021

Deutsche Bank: Bitcoin has become ‘too important to ignore’.

Analysts at Deutsche Bank said that Bitcoin will continue to grow as long as it attracts new large investors. The bank called the asset 'too important to ignore'.

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