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Nordic Neobank Lunar Raises $77M Funding Round, Launching Crypto Trading Platform

Nordic Neobank Lunar Raises $77M Funding Round, Launching Crypto Trading Platform

Lunar strives to offer more convenient, empathic and engaging banking alternative services to both private and business customers.

IKEA Permits Invoice-Payment through Ethereum Blockchain

IKEA Permits Invoice-Payment through Ethereum Blockchain

IKEA recently permitted an invoice to be paid from Nordic Strore through the Ethereum blockchain.

Bank of Lithuania Selects IBM and Tieto as Finalists for its Blockchain-Powered LBChain Project

Bank of Lithuania Selects IBM and Tieto as Finalists for its Blockchain-Powered LBChain Project

The central bank of Lithuania has chosen IBM, a technology titan, and Tieto, a leading Nordic software and services company, as the finalists in its blockchain-powered LBChain project. The winner will be announced as the year ends.

Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners

Red Alert: Ripple Effects of Coronavirus on Chinese Electronic Manufacturers and Bitcoin Miners

The scourge of the coronavirus has led to the temporary closure of factories in China with the electronic industry supply chain being hit the hardest forcing an extension in the Lunar year holiday following the outbreak of the virus.

Visa to Work with Bitcoin Wallets to Enable BTC Conversion to Fiat

Visa to Work with Bitcoin Wallets to Enable BTC Conversion to Fiat

Visa CEO Alfred Kelly has reaffirmed the company's plans to work with BTC wallets to make them interoperable with Visa for conversion from BTC to fiat currencies.

CME to Close Trading Floor on Friday as Coronavirus Prevention Measure

CME to Close Trading Floor on Friday as Coronavirus Prevention Measure

CME Group plans to close its trading floor in Chicago due to fears of further spreading the coronavirus, the influenza outbreak that has sent global stock markets falling.

Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market

Wuhan Coronavirus Outbreak Could Cause Potential Disruption to the Crypto Market

Since the coronavirus patient was identified on Dec. 8, 2019, in Wuhan, the capital of Hubei province in China, the virus has since claimed at least 100 lives. According to crypto research firm Chainalysis, China has the status as a crypto investment hub, as it houses the most crypto exchanges in the Asia-Pacific region, which has 40 percent of the world’s top 50 exchanges.

The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

The Birth of the Coronavirus-Backed CoronaCoin Amid Quarantining Banknotes in China

The novel coronavirus, also known as COVID-19 has spread to at least 25 other countries and caused 5 deaths outside of mainland China. Restrictions in Hubei, of the epicenter province of the outbreak, have been imposed further on its citizens. In Wuhan, the city where the coronavirus originated, has been banning its citizens from leaving their homes.

Singapore FinTech Association Enabling the Shift Towards Innovation & Entrepreneurship in Southeast Asia

Singapore FinTech Association Enabling the Shift Towards Innovation & Entrepreneurship in Southeast Asia

The Singapore FinTech Association (SFA) was founded in November 2016 by the founding president, Chia Hock Lai. The association is a cross-industry nonprofit initiative, aiming to facilitate collaboration in the ecosystem between market participants and stakeholders in the FinTech industry. Blockchain.News interviewed Chia Hock Lai to find out more about the leading association in Singapore.

China to Build ‘Digital Central Bank’ Infrastructure, Striving to Become the World’s Leader in Digital Currency Development

China to Build ‘Digital Central Bank’ Infrastructure, Striving to Become the World’s Leader in Digital Currency Development

China’s Central Bank, People’s Bank of China (PBoC) is planning to look into building a digital central bank infrastructure to improve the standards of financial services in the country. On May 18, the Chinese Central Bank’s 2020 video conference on scientific and technological work was held in its capital, Beijing. The meeting focused on the technological achievements made in 2019, an in-depth analysis of the current situation and challenges, and the upcoming key plans for 2020.

China to Dominate Global Tech Standards? Expert says “It Would be Tough”

China to Dominate Global Tech Standards? Expert says “It Would be Tough”

China announced a new 15-year blueprint as part of the country’s global technology push, to set the global standards for the next-generation of technologies, including blockchain.

CBDCs Gain Traction Amid Fears of Coronavirus-Contaminated Banknotes, The Economist Survey Uncovers

CBDCs Gain Traction Amid Fears of Coronavirus-Contaminated Banknotes, The Economist Survey Uncovers

In a survey conducted by The Economist and Crypto.com, it found that consumers generally had more trust in central bank digital currencies (CBDCs), rather than decentralized cryptocurrencies.

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