Joji Xavier

✉ editorial@rttnews.com

libra-091319.jpg France said on Thursday that it wont allow Facebook to launch its upcoming Libra cryptocurrency project in Europe citing a possible threat it may pose to the monetary sovereignty of governments in the continent. Addressing a conference on cryptocurrencies organized by the Organisation for Economic Co-operation and Development (OECD) in Paris, French Finance Minister Bruno Le Maire said Libra pose

newjersey-aug12.jpg The northeastern state of New Jersey has enacted the Blockchain Initiative Task Force law after Governor Phil Murphy signed Bill S2297 last week. The bill, drafted in March 2018, passed the New Jersey Senate with just one vote against it, while the Assembly passed it unanimously. A 14-member task force will study potential use-cases for blockchain technology, including how the Legislature can m

china-eos-073119.jpg China's Center for Information Industry Development (CCID), under the Ministry of Industry and Information Technology, released the 13th edition of its state-endorsed cryptocurrency and Blockchain ratings. Chinese altcoin EOS continues to be on top of the latest Global Public Chain Technology Evaluation Index. Ethereum rose one position to second rank while new cryptocurrency Tron fell down to the

senate-july25.jpg The Senate Committee on Banking, Housing and Urban Affairs has scheduled a hearing on regulatory frameworks for cryptocurrencies and blockchain for July 30. The committee said it would be an open session, titled "Examining Regulatory Frameworks for Digital Currencies and Blockchain". It did not explain the purpose of the hearing. Jeremy Allaire, Co-Founder, Chairman and Chief Executive Officer

cryptocurrencyban-july23.jpg A high-level committee that the Government of India entrusted to draft a policy on cryptocurrencies recommended that private cryptocurrencies like Bitcoin should be banned. The ban should cover cryptocurrency exchanges, investors, traders and other financial intermediaries, the report says. If the government adopts the recommendations, it will be a major setback to cryptocurrency community in I

mnuchintalk-july16.jpg The Trump administration intensified its tirade against cryptocurrencies, with Treasury Secretary Steven Mnuchin calling it "a national security issue." In a news conference Monday, Mnuchin cautioned Americans to think twice before investing in cryptocurrencies, citing incidents of Bitcoin being exploited to finance terrorism, and other illicit activities such as cybercrime, tax evasion, extortio

trumpbitcoin-july11.jpg President Donald Trump issued a series of statements, denouncing all cryptocurrencies, including Bitcoin. He also questioned the credibility of Facebook's upcoming Libra cryptocurrency project. Trump aired his concerns over cryptocurrencies on Twitter Thursday. "I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air,"

libra-watchdogs-070419.jpg A group of North American privacy, economic policy and consumer watchdogs has called on US Congress and regulators to impose a moratorium on Facebook's Libra cryptocurrency project. An open letter addressed to legislators, regulators, and Facebook and Calibra employees says the Facebook proposal to create a new cryptocurrency as part of its broader Libra project raises profound questions about na

facebook-libra-070319.jpg A group of U.S. lawmakers called on Facebook to freeze its Libra cryptocurrency project. Five members of the U.S. House of Representatives, all Democrats, urged in an open letter to Facebook and its partners to immediately agree to a moratorium on any movement forward on Libra, its proposed cryptocurrency, and Calibra, its proposed digital wallet. "It appears that these products may lend themse

weeklyroundupcrypto-jun28.jpg It has been one of the most volatile weeks for Bitcon, with the price swinging by big margins. The cryptocurrency experienced crash after reaching new price highs on many days this week. The sharpest fall was recorded on Thursday, from $13814 to $11,671 in less than an hour. Bitcoin dropped more than $2,000 after reaching a fresh 2019 record. It was the highest price of the most popular cryptoc

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