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Indian Finance Minister Answers Crypto Questions at IMF Meeting


At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court...

Bitcoin and Altcoins Start Corrective Increase But Upsides Limited


This past week, bitcoin price remained in a downtrend and broke a few important supports such as USD 8,250, USD 8,200 and USD 8,000. However, the USD 7,850 area acted as a strong support. As a result, the price started an upward move above the USD 8,000 resistance. It gained more than 5% in...

Does Facebook’s Libra Plan B Involve Going Head-to-Head with Binance?


Facebook has revealed that it has an alternative to its proposed Libra token – multiple stablecoins, all pegged to a national fiat. And it’s a scenario that could well put the social networking platform on a collision course with Binance’s Venus project. Per Reuters, Facebook’s blockchain chief...

McAfee Envisions DEX in a World Where Crypto Won’t Be Traded for Fiat


In a recent video posted to Twitter. John McAfee states: “Imagine a world…where fiat currency is diminishing in importance.” Instead of pointing to the adoption of crypto by big money interests, the rogue politician and radical bitcoin proponent talks of a complete flip, where...

Samsung, LG, Hyundai Speed Up Major Blockchain Adoption Project


Eleven South Korean companies are teaming up for a government-backed “consortium-type” blockchain network that will allow citizens to ditch paper-based certificates, employee ID cards, degree certificates, insurance claims documents and more in favor of a mobile-based blockchain solution. Per...

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