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BITCOIN PRICE: 6,404.00     HIGH: 6,424.16     LOW: 6,363.02

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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Mastercard CEO Ajay Banga Calls out Cryptocurrencies as “Junk”

Category: Altcoins, Bitcoin, Commentary, Crime, News

Mastercard CEO Ajay Banga Calls out Cryptocurrencies as “Junk”

On July 27, 2018, Mastercard CEO, Ajay Banga shared his thoughts regarding cryptocurrency, calling it “junk” and that an “anonymized” currency having such “wild” fluctuations in the market cannot be considered as a medium of exchange in an economy.   During the New India Lecture’ organized earlier this week at the Indian Consulate, Banga took questions about a crypto trade….

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