WHAT IS LUNO

LUNO is a bitcoin-related company headquartered in London. Luno facilitates bitcoin storage and transactions such as buying, selling and paying through their bitcoin wallet services. They also operate exchanges between traditional currencies and bitcoin. Compatible with: Web iOS Android Founder History of Luno Luno was founded in 2013 In 2016, Luno took part in the FCA Sandbox programme. This allows businesses to test financial products with regulatory supervision. In September 2017, Luno raised $9 million in order to introduce its bitcoin wallet, exchange and services in Europe. Since November 2017,Luno…

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TBCASoft, IBM and SoftBank Corp. Announce Plans To Use Cross-Carrier Blockchain.

On October 22, TBCASoft, IBM and SoftBank Corp. announced that they are collaborating to use cross-carrier blockchain technology to support the transformation of the telecommunications industry. This cross-carier blockchain designed to enable new synergies throughout the industry, provide new services to telecom carriers and their subscribers, and foster innovative business models. Business Wire stated, based on the planned agreement TBCASoft will bring technology and solutions, IBM will bring its blockchain technology. It also experience in integrating and scaling blockchain networks, and software solutions. SoftBank will bring its telecommunications expertise to…

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Wahed is the 1st Shariah Robo-Advisor in Malaysia

Wahed-roboadvisory

American-based Wahed Invest halal robo-advisory platform announced today that they have successfully obtained regulatory approval from the Securities Commission Malaysia to offer digital investment management services in Malaysia. The approval Malaysia Security Commision Chairman, Syed Zaid said, this approval would further facilitate the growth of local fintech landscape. “Today, Malaysia has three licensed and fully operational robo-advisors — namely StashAway, MyTHEO and Wahed Inc. We continue to see strong interest in this space and will pursue to facilitate its growth,” he said in his opening address at the SCxSC Fintech…

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Securities Commission (SC) gives Luno nod to operate cryptocurrency business

KUALA LUMPUR: Luno is the first cryptocurrency exchange approved to act as a recognised market operator (digital asset exchange) by the Securities Commission (SC). On Tuesday, in a statement issued, London-headquartered Luno said that it was satisfied with all the required conditions the SC and could now offer Malaysians the opportunity to buy, sell and store cryptocurrency securely on its platform . David Low, Southeast Asia’s Luno General Manager, said it was a long journey for Luno, from its entry into the Malaysian market in 2015 to becoming the largest…

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