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.
According to sources, cryptocurrency exchanger London Block Exchange has opened a bank account with British startup ClearBank, which will allow their users to trade cryptocurrencies without transferring funds abroad.
The UK's financial watchdog has urged bank leaders to follow all precautions to reduce the risk of financial crime on their platforms.
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.
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