# Dutch multinational ING considers entering DeFi lending industry

# Dutch multinational ING considers entering DeFi lending industry

“# Dutch multinational ING considers entering DeFi lending industry ” In a presentation made during the Singapore Fintech Festival, Annerie Vreugdenhil, chief innovation officer of ING, announced the firm is working on a trial of its decentralized finance, or DeFi, peer-to-peer lending protocol with the Netherlands Authority for the Financial Markets. Vreugdenhil said the following…

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# Acting CoC Hsu: More crypto regulation is needed

# Acting CoC Hsu: More crypto regulation is needed

“# Acting CoC Hsu: More crypto regulation is needed ” In remarks given at the American Fintech Council’s 2021 Policy Summit, acting Comptroller of the Currency Michael J. Hsu called for greater regulation of universal crypto firms. “Large, universal crypto firms—especially issuers of highly-circulated stablecoins—should embrace comprehensive, consolidated supervision. At the same time, federal and…

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# Top U.S. banks offer big incentives to lure crypto talent

# Top U.S. banks offer big incentives to lure crypto talent

“# Top U.S. banks offer big incentives to lure crypto talent ” Top U.S.-based banks and financial institutions have filled more than 1,000 positions for crypto experts in the past three years. According to a Nov. 1 report from Bloomberg, financial institutions are offering significant bonuses to attract crypto talent, with human resource consultant Johnson…

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# Major Russian bank explores crypto investment amid strong demand

# Major Russian bank explores crypto investment amid strong demand

“# Major Russian bank explores crypto investment amid strong demand ” Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools. Tinkoff Investments head Dmitry Panchenko claimed that the bank’s brokerage portal is considering projects related to…

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