#Banks and Fintech

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

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ForkLog 27 14.01.2021

NYDIG and Moven to simplify banks’ Bitcoin services

The crypto platform New York Digital Investment Group (NYDIG) together with fintech company Moven will develop an offering that will simplify for financial institutions the launch of Bitcoin-related services.

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ForkLog 58 14.01.2021

Anchorage becomes the first federally chartered digital-asset bank in the United States

The Office of the Comptroller of the Currency (OCC) within the U.S. Treasury approved Anchorage's custody application for a nationwide digital-asset bank license.

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ForkLog 10 13.01.2021

Russian banks warn of cyber threats in rollout of the digital ruble

The launch of the digital ruble is associated with cybersecurity risks and potential outflows of client funds from banks. This is evidenced by data from a study by the Association of Russian Banks (ABR), reported by RIA Novosti.

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ForkLog 25 12.01.2021

Opinion: New crypto-regulation rules will leave small banks on the sidelines

Avanti founder Caitlin Long called OCC rules allowing banks to issue stablecoins a double-edged sword, according to Decrypt.

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ForkLog 15 11.01.2021

South Korea’s oldest bank invests in a Bitcoin custody consortium

South Korea's Shinhan Bank invested in Korea Digital Asset Trust (KDAC) — an industry custody consortium, according to a Yonhap report.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 21 11.01.2021

Bangladesh conducts its first Shariah-compliant blockchain transaction.

City Bank, based in Bangladesh, in partnership with the International Islamic Trade Finance Corporation (ITFC), issued a blockchain-based letter of credit compliant with Sharia law, according to Finance Magnates.

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ForkLog 22 11.01.2021

Media: HSBC blocks transfers to cryptocurrency exchanges

The largest bank in the United Kingdom, HSBC, is blocking transfers related to cryptocurrency exchanges. This will make it harder for residents to access fiat, according to The Sunday Times.

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ForkLog 17 30.12.2020

Cashaa opens crypto-friendly bank in India

Unicas, a joint venture of Cashaa and United Multistate Credit, opened a crypto-friendly bank branch in Jaipur, India.

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ForkLog 15 23.12.2020

Swiss crypto bank SEBA raises CHF 20 million in Series B

The regulated cryptocurrency bank SEBA announced the successful completion of its Series B funding round, through which it attracted CHF 20 million (~$22.5 million).

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ForkLog 19 23.12.2020

Otkritie Factoring joins Factorin blockchain platform

A blockchain platform for trade finance Factorin and the fintech company Otkritie Factoring have signed a partnership agreement.

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ForkLog 18 17.12.2020

Crystal Blockchain and FICO to help banks mitigate risks in servicing crypto firms

FICO, the analytics company, and Crystal Blockchain, the service from Bitfury Group, announced a partnership to provide banks with monitoring and risk-management services related to the cryptocurrency business.

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ForkLog 22 16.12.2020

Malta’s banks jeopardise plans for a ‘blockchain island’

Malta, crypto- and blockchain-friendly, faced a reluctance among local banks to work with industry representatives. This was reported, citing the country’s finance minister Clyde Caruana, by Lovin Malta.

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