The Governor of Sweden’s Central Bank, Riksbank, said today that Facebook’s Libra has turned out to be a very important event. The bank has already been exploring the issuance of digital currencies, mainly because the usage of cash in Sweden is decreasing dramatically.Libra An Incredibly Important Catalytic EventDespite the recent shakedown which caused a lot of the key backers of Facebook’s Libra, including PayPal, Visa, and Mastercard, to drop off the project, good news seems to come from a different front.“It has been an incredibly important catalytic event to sort of shake the tree when Libra showed up out of the blue, and that forced us to think hard about what we do,” Riksbank Governor Stefan Ingves told CNBC’s Squawk Box Europe today.Ingves, whose central bank is piloting the

While major cryptocurrencies are struggling to increase their already-low prices, XRP is very much in the green with significant gains over the past week and particularly today. Moreover, Ripple’s XRP has again become a hot topic on social media. Is this a signal of an upcoming “altcoin season”?Since the crypto market crash in late September caused by the disappointing launch of the highly anticipated Bakkt Bitcoin futures trading platform, cryptocurrencies are struggling to recover. Bitcoin itself has seen declines of almost 25%. The coin’s price fell from a little over $10,000 to under $8,500 on September 24 and $7,950 as of today.Despite crashing by over 15% after the Bakkt debacle, XRP has managed to recover from $0.23, increasing its price to $0.268 as of writing these lines,

Cryptocurrency exchange Binance announced today that it had delisted 30 trading pairs from its platform, including one involving Justin Sun’s BitTorrent (BTT).Binance’s announcement comes as a surprise since BitTorrent was the first project to launch on the crypto exchange’s Initial Exchange Offering (IEO) platform, Binance Launchpad, on January 28. Reaching its hard cap of $7.1 million in less than 15 minutes, the BTT IEO was a massive success for both the exchange and BitTorrent as well as TRON’s CEO, Justin Sun. It’s also safe to say that it gave birth to the IEO hype which has been slowly fading in the past few months. Binance Axes Multiple IEO TokensAccording to Binance’s announcement, the cryptocurrency exchange is delisting the following trading pairs from its platform: ANKR/PAX,