Explained: Cryptocurrency to be 'banned', what to do now?
Ever since the news has come about the possibility of banning cryptocurrency, there have been many questions in people's mind that what will happen if it is banned? The question is also what to do in the current situation?
Nov 24, 2021, 16:14 PM IST
Cryptocurrency: Parliamentary panel emphasises on the importance of crypto regulation
This is the first meeting of the Parliamentary panel on the subject, which has sparked a lot of curiosity as well as worries from various sectors about investment possibilities and risks.
Nov 15, 2021, 19:28 PM IST
Cryptocurrency's future in India: What happened in PM Modi's meet over cryptocurrency?
Amid concerns over misleading claims of huge returns on cryptocurrency investment, Prime Minister Narendra Modi on Saturday chaired a meeting to discuss cryptocurrency related issues.
Nov 15, 2021, 19:14 PM IST
Looking to invest in Bitcoins? RBI has serious and major concerns, read what Governor Shaktikanta Das says
The Reserve Bank of India Governor Shaktikanta Das has said the central bank continues to have "serious and major" concerns about the cryptocurrencies like Bitcoin and has conveyed them to the government, adding that it is for the government to take a call on what to do in the matter.
Sep 10, 2021, 13:22 PM IST
India's own digital currency coming soon, know how different it is from other cryptocurrencies
Digital currency is the same as currency issued by a central bank but takes a different form than paper (or polymer).
Sep 01, 2021, 13:48 PM IST
Amazon may soon allow digital currency like Bitcoin as payment mode
The product lead will work closely with teams across Amazon, including AWS to develop the roadmap for the customer experience, technical strategy and capabilities as well as the launch strategy.
Jul 25, 2021, 14:07 PM IST
India's own digital currency in the offing, RBI working on phased introduction
Central bank digital currency is the same as currency issued by a central bank but takes a different form than paper. It is sovereign currency in an electronic form and it would appear as liability (currency in circulation) on a central bank’s balance sheet.
Jul 23, 2021, 17:28 PM IST
Elon Musk says he supports crypto in battle with fiat money
However, bitcoin slumped after the billionaire announced in May that Tesla would no longer accept bitcoin for car purchases, citing long-brewing environmental concerns for a swift reversal in the company's position on the cryptocurrency.
May 22, 2021, 21:57 PM IST
How murky legal rules allow Tesla's Elon Musk to keep moving markets
Dogecoin had an even wilder ride this week, first spiralling downward after Musk called it "a hustle" during the US "Saturday Night Live" TV show. Hours later, it jumped when Musk announced his commercial rocket company SpaceX would accept it for payment.
May 15, 2021, 16:59 PM IST
Dogecoin tumbles after Elon Musk calls it a ‘hustle’ on ‘SNL’ show
The billionaire Tesla Inc chief executive hosted the show at 11:30 p.m. EDT on Saturday (0330 GMT on Sunday). Cryptocurrency enthusiasts had for days been eager to see what he would say, after his tweets this year turned the once-obscure digital currency into a speculator`s dream.
May 09, 2021, 16:39 PM IST
Dogecoin in spotlight as cryptocurrency backer Elon Musk makes ''SNL'' appearance
On crypto data tracker CoinGecko.com, dogecoin has jumped more than 800% over the last month and is now the fourth-largest digital currency, with a market capitalization of $81 billion. It was last up nearly 14% on the day at $0.62.
May 08, 2021, 16:11 PM IST
Bitcoin smashes through $50,000 for first time ever
Even as bitcoin laps into the mainstream, cryptocurrencies remain subject to patchy oversight around the world, with the lack of regulatory clarity and associations with crime keeping many larger investors leery of exposure. Some believe extreme volatility is a cause for concern.
Feb 16, 2021, 21:15 PM IST
Explained: How China is using digital banking currency as tool of surveillance
China’s Central Bank Digital Currency is also another way in which it could increase the scope of surveillance.
Dec 01, 2020, 11:03 AM IST
Facebook to revamp its digital currency plans amid regulatory scrutiny: Report
A Facebook spokesman confirmed to Reuters that the company was working on digital versions of government-backed currencies and said it was still planning to offer the proposed Libra token as well.
Mar 04, 2020, 07:29 AM IST
Digital currency cannot be private, says French central banker
Spurred by the rise of cryptocurrencies and Facebook`s plans to launch its Libra currency, central banks worldwide are looking into the possibility of issuing digital money to prevent the loss of state control over money.
Jan 26, 2020, 14:34 PM IST
Inter-Ministerial panel recommends ban on cryptocurrency, govt to examine draft Bill
The Inter-Ministerial Committee was constituted in November 2017 under the chairmanship of Secy (EA), with Secy (MeiTY), Chairman (SEBI) and deputy Governor, RBI as members, to study the issues related to virtual currencies and propose specific action to be taken in this matter.
Jul 22, 2019, 18:01 PM IST
ECB has no plan to issue digital currency: Draghi
The sudden proliferation of cryptocurrencies such as Bitcoin, essentially a privately created online token, has sparked a global debate over whether central banks should also launch their own digital money.
Sep 14, 2018, 17:36 PM IST
Important facts to know before investing in Bitcoins
Looking at Bitcoin's pace of valuation, most of us would have thought to invest in this digital currency to earn millions.
Dec 15, 2017, 12:19 PM IST
Will the Bitcoin buble fizzle out or stay?
Confusion still mars the world as far as trading in Bitcoin is concerned.
Dec 13, 2017, 14:23 PM IST
Bitcoin loses over a fifth of its value in less than 24 hours
The cryptocurrency fell as much as 8 percent on Thursday on the Luxembourg-based Bitstamp exchange to hit $9,000 exactly, marking a fall of well over $2,000 in under 24 hours.
Nov 30, 2017, 21:03 PM IST
