Banks and Fintech | ForkLog

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ForkLog 13 22.10.2020

Raiffeisen Bank to enable cross-blockchain interoperability for tokenised currencies

Raiffeisen Bank International (RBI) will enable cross-blockchain interoperability in its national currencies tokenisation project.

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ForkLog 18 21.10.2020

Stablecoin issuers helped Signature Bank attract $1 billion in deposits

New York-based Signature Bank, whose clients include cryptocurrency companies, increased deposits by $4.11 billion in Q3. A quarter of that amount came from crypto firms, including stablecoin issuers, according to Coindesk.

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ForkLog 9 21.10.2020

American regulator: DeFi will redefine the role of banks in society

Distributed ledger technology and decentralized finance (DeFi) will turn the traditional banking sector into an archaic structure, according to Brian Brooks, head of the Office of the Comptroller of the Currency (OCC).

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ForkLog 11 14.10.2020

Ternio announces partnership with Visa

The crypto company Ternio has joined Visa Fast Track to issue cards and roll out other payment solutions.

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ForkLog 20 09.10.2020

Handelsblatt links former Wirecard top executive to Russian RFI Bank

The former chief operating officer of the collapsed German fintech group Wirecard, Jan Marsalek, has close ties to Russian financial circles, according to Handelsblatt citing its own sources.

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ForkLog 17 08.10.2020

Cashaa to launch crypto-friendly internet bank in India

The British fintech company Cashaa announced a solution that will give cryptocurrency holders in India full access to banking services. Cointelegraph reports this.

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ForkLog 27 07.10.2020

Kyrgyzstan halts banking operations and disables SWIFT

On 7 October, the National Bank of Kyrgyzstan recommended commercial banks and non-bank financial institutions suspend operations amid ongoing mass protests in the country. The cross-border SWIFT payments system was also disabled.

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ForkLog 13 30.09.2020

DeFi in Practice: Final Takeaways from ForkLog Conference

On September 29, ForkLog Live hosted the online conference “DeFi: A Practical Guide.” Nine speakers discussed the trends and challenges in the decentralized finance market and debated regulatory prospects. Here is a brief summary of their presentations.

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ForkLog 12 30.09.2020

Swipe launches its first cryptocurrency credit card in the United States.

US users now have access to Swipe's new product — the LendFi Visa Card, a cryptocurrency credit card that uses DeFi protocols. This is stated in the press release.

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ForkLog 19 23.09.2020

PBoC draws up blacklist of OTC cryptocurrency traders

The People's Bank of China has drawn up a blacklist of accounts belonging to major traders on local cryptocurrency OTC platforms. Those named will be barred from online banking for five years, according to DeCrypt, citing local media.

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ForkLog 12 22.09.2020

Former top executives of leading US banks launch their own cryptocurrency fund

Former heads of the Asia-Pacific divisions of leading American banks HSBC, Citigroup and Merrill Lynch in the Asia-Pacific region left the traditional financial sector to trade cryptocurrencies. CoinDesk reports, citing sources familiar with the matter.

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ForkLog 26 21.09.2020

U.S. regulator allows banks to hold stablecoin reserves

The Office of the Comptroller of the Currency (OCC), part of the U.S. Treasury, has allowed national banks and federal savings associations to hold stablecoin issuers' reserves.

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