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‘World is Ready for Private Money’ - JPMorgan


The world may be on the verge of large-scale adoption of “private money” such as Facebook’s Libra, a major investment bank predicts, although there are still hurdles to overcome before the vision can become reality. According to the JPMorgan Perspectives report, released this past weekend by...

Senior Bank of England Official Calls for Urgent Digital Fiat Action


Central banks in major economies continue to change their stance on digital currency issuance, with Sarah John, the Bank of England’s chief cashier, stating that it is “so crucial” that central banks act before tech giants establish dominance in the sector. Per British newspaper the Telegraph, John...

Japanese Finance Minister Urges China to Delay its Digital Fiat


Japanese finance minister Taro Aso has told G20 central bank governors and finance ministers to delay their digital currency plans, claiming that most countries are not ready to issue digital fiats – including China. Bloomberg Japan reports that Aso warned counterparts at a recent G20 summit...

SBI Subsidiary Boosts XRP Handouts by 67%


The SBI Group, one of Japan's biggest financial services providers, will offer shareholders of its Morningstar subsidiary larger end-of-year XRP benefits. The current fiscal year ends on March 31. The move marks the second time Morningstar, a financial news provider, has handed out XRP benefits...

Handshake Gets into Coinmine Ahead of Possible Listing on Coinbase


Coinmine One (on the right). Source: a screenshot, Instagram, maximumben One of the Cryptoverse's freshest coins, Handshake (HNS), is gaining recognition by being added to plug and play crypto miner manufacturer Coinmine's device, Coinmine One, while it's also waiting on Coinbase to decide if this...

Tezos Remains in Green as Top 9 Coins Erase Weekly Gains


After an increase in price of about 170% since the beginning of 2020, there’s no denying that Tezos (XTZ) has been on a roll in the market this year. Today, the cryptoasset, which aims to challenge Ethereum (ETH) as the leading smart contract platform, stood out once again as the only coin in...

Telegram's Battle To End by April 30, Judge Focuses on 'Economic Realities'


The ongoing battle between instant messaging giant Telegram and the U.S. Securities and Exchange Commission (SEC) may just come to its end by the end of April. Meanwhile, the judge stressed the importance of focusing "on economic realities, not on labels." The two giants met yesterday at a hearing...

Bitcoin and Altcoins Bears Are Back In Driver’s Seat


After yesterday’s strong increase, bitcoin price failed to continue above the USD 10,200 and USD 10,250 resistance levels. Later, BTC/USD declined sharply below USD 10,000 and USD 9,850. The price is now (09:00 UTC) back in a bearish zone and consolidating near the USD 9,550 support. Similarly...

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