Cryptocurrency
-
'Only one or two will survive', says Raghuram Rajan as Modi govt mulls banning cryptocurrencies
Business | Nov 25, 2021, 12:10 AM ISTRaghuram Rajan said that cryptos may pose the same problem as unregulated chit funds which take money from people and go bust.
-
Government to bring bill to ban cryptocurrencies, push RBI's digital currency
India | Nov 24, 2021, 04:16 PM ISTCurrently, there is no regulation or any ban on the use of cryptocurrencies in the country. PM Narendra Modi had earlier held a meeting on cryptocurrencies with senior officials and indications are that strong regulatory steps could be taken to deal with the issue.
-
Centre to change tax laws in Budget to tax cryptocurrency gains
Business | Nov 19, 2021, 03:03 PM ISTRevenue Secretary Tarun Bajaj said that in terms of income tax, some people are already paying capital gains tax on the income from cryptocurrency, and in respect of Goods and Services Tax (GST) also the law is "very clear" that the rate would be applicable as those in case of other services.
-
What PM Modi said on cryptocurrency at Sydney Dialogue
Business | Nov 18, 2021, 11:29 AM ISTIn a virtual address at the Sydney Dialogue, PM Modi said the digital age is changing everything as it has redefined politics, economies and societies and has raised new questions on sovereignty, governance, ethics, rights and security.
-
Govt may introduce bill on cryptocurrencies in Parliament winter session
Business | Nov 15, 2021, 10:45 PM ISTAgainst this backdrop, Prime Minister Narendra Modi, on Saturday, held a meeting on the crypto currencies with senior officials and indications are that strong regulatory steps could be taken to deal with the issue.
-
Cryptocurrency can’t be stopped, must be regulated, say several members at parliamentary panel meet
Business | Nov 15, 2021, 08:50 PM ISTThe parliamentary panel was chaired by BJP leader Jayant Sinha, discussed the pros and cons of crypto finance with various stakeholders, and several members were in favour of regulating crypto-currency exchanges rather than imposing an outright ban on crypto-currencies, according to sources.
-
Cryptocurrency regulation in India: Parliamentary panel to hold meeting with industry experts
Business | Nov 15, 2021, 02:41 PM ISTThe Supreme Court in early March 2020 had nullified the RBI circular banning cryptocurrencies.
-
Karnataka Bitcoin Scam: CM Basavaraj Bommai gets BJP high command support in scandal issue
India | Nov 15, 2021, 10:51 AM ISTAmit Shah had assured Karnataka Chief Minister that the party will take care of these leaders and see to it that they are tamed and warned.
-
Indian government aims to block irresponsible crypto ads
India | Nov 14, 2021, 12:03 PM ISTThe crypto stakeholders and govt have reached a consensus that such advertisements are misleading youths and must be curbed.
-
PM Modi chairs high-level comprehensive meet on cryptocurrency, related issues
Business | Nov 13, 2021, 11:08 PM ISTIn the meeting, it was felt that attempts to mislead young investors through over-promising and non-transparent advertising must be prevented.
-
No plans to make crypto an accepted method of payment anytime soon: Apple CEO Tim Cook
World | Nov 10, 2021, 11:11 AM ISTBitcoin and ethereum -- the two most popular forms of cryptocurrency -- both reached new record highs Tuesday morning, with the price of bitcoin rising above $68,000 for the first time and ethereum topping $4,800.
-
Cryptocurrency prices today: Dogecoin zooms 25% while Shiba Inu falls 24%; Bitcoin, Ethereum surge
Business | Oct 29, 2021, 02:19 PM ISTBitcoin prices surged above $61,000 on Friday after slipping to its lowest level in over a week
-
Shiba Inu to Dogecoin: 7 best Cryptocurrencies for long-term investment
Business | Oct 29, 2021, 02:55 PM ISTOver the past few years, retail and institutional investors are willing to invest in cryptocurrency for both - long-term and short-term - profits. However, investing in the crypto market comes with its own share of risks and challenges.
-
Rapid growth and increasing adoption of crypto assets pose financial stability, challenges: IMF
Business | Oct 02, 2021, 07:58 AM ISTCryptocurrencies are digital or virtual currencies in which encryption techniques are used to regulate the generation of their units and verify the transfer of funds, operating independently of a central bank.
-
China declares all cryptocurrency transactions illegal
World | Sep 24, 2021, 04:53 PM ISTChinese banks were banned from handling cryptocurrencies in 2013, but the government issued a reminder this year. That reflected official concern cryptocurrency mining and trading might still be going on or the state-run financial system might be indirectly exposed to risks.
-
Bitcoin, Ethereum: How to use Android, iOS apps for cryptocurrency
Technology | Sep 06, 2021, 04:58 PM ISTHere are some of the popular mobile app-based brokers that you can use in order to invest in cryptocurrency.
-
Why you should diversify investments in Cryptocurrencies
Personal Finance | Sep 01, 2021, 01:52 PM ISTCryptocurrency Investment: Diversification of the portfolio is a risk management strategy that mixes a wide variety of investments.
-
DYK Rapper Raftaar is first Indian artiste to accept cryptocurrency as fees?
Jun 18, 2021, 05:33 PM ISTRapper Raftaar has become the first Indian artiste to accept cryptocurrency instead of actual currency as performance fee.
-
RBI asks banks not to refer to its 2018 circular on virtual currencies
Business | May 31, 2021, 11:27 PM ISTThe latest directive comes against the backdrop of some banks and regulated entities citing the circular and cautioning customers against dealing in virtual currencies.
-
Tesla suspends accepting Bitcoin for vehicle purchases
Business | May 13, 2021, 02:48 PM ISTMusk said that the electric car maker will not sell any bitcoin and intends to use bitcoin for transactions as soon as mining moves to more sustainable energy.