Former CFTC Chairman and Swiss Exchange to Fund Tech Against COVID-19

As announced on May 19, Swiss cryptocurrency exchange Lykke will be offering four prizes totalling 200,000 Swiss Francs ($205,800) as part of the...

COVID-19 Is Changing the Way the World Sees Money

Technology has always been one of the main drivers that has boosted social changes. Of course, there have been other reasons: wars, natural...

SoftBank Loses Alibaba’s Jack Ma and Posts Worst Losses in History

Alibaba co-founder Jack Ma is stepping down from the board of Japanese tech giant and major blockchain backer SoftBank. After 13 years of...

Austrian Bank Raiffeisen Works on National Digital Currency Pilot

While global jurisdictions are progressing with central bank digital currencies, private institutions also work on digitizing national currencies. Raiffeisen Bank International (RBI), a...

Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec

Consumer-facing digital currency solutions will not be taken seriously by central banks, according to a Visa executive.Visa head of crypto Cuy Sheffield tweeted...

China’s Top Digital Bank to Foster DLT Innovation in Singapore’s Universities

China’s top digital bank, WeBank, has partnered with OpenNodes, a distributed ledger technology (DLT) platform by Singapore’s Infocomm Media Development Authority.Through the new...

COVID-19 Incentivizing Crypto and Leading Mainstream Adoption

Crypto is a place where everything changes faster than in any other industry, and seeing as it was born in the age of...

German Bank Partners With Singapore Fintech Consortium on Blockchain

Ten31, the FinTech arm of Germany’s WEG Bank, has partnered with Singaporean technology incubator, Anquan Capital.While the entities have yet to detail the...

DeFi Lending Attracts VC Backing Despite Sharp Drop in Crypto Fundraising

A report published by venture capital research firm, Ana.vc, has revealed a 57% decline in crypto funding from VCs over the month of...

Cryptocurrency News From Japan: May 10

This week’s headlines from Japan included SBI Holdings pairing up with Redstone Digital for a joint venture fund, LayerX teaming up with GMO...
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