In our “Banks” section, we cover how traditional banks interact with cryptocurrencies, digital assets, and modern financial technologies. Here you will find news about banking regulations, crypto-friendly banks, and financial institutions adopting blockchain solutions. Read the “Banks” section on ForkNews to stay informed about the evolving relationship between banks and the crypto industry.
America's third-largest bank by assets, Wells Fargo, has banned its clients from buying cryptocurrency using the bank's credit cards.
The first Swiss bank is ready to provide the opportunity to open an account for companies working with cryptocurrency.
Provincial banks in the Philippines are planning to implement blockchain technology to improve the quality of financial services provided to local residents. It is important to note that the island country's interbank transactions are still processed manually.
Privatbank, together with Apple, was the first to launch Apple Pay technology in Ukraine. This was reported by the bank's press service.
According to Cointelegraph Japan, Japanese global investment bank Nomura has announced the creation of a venture fund to store crypto assets. This project aims to increase the popularity of the cryptocurrency market among large institutional investors.
Yesterday, the investment bank Saxo Bank published an analytical document in which it gave a complete overview of global markets at the beginning of the second quarter of 2018. The document predicts a new rise in the crypto market in the near future.
Bank Frick will be the first regulated bank to offer not only direct investment in cryptocurrency, but also its cold storage. The bank announced this in its press release dated February 28.
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