Govt working on a new bill on cryptocurrency: Sitharaman tells Rajya Sabha
Nov 30, 2021, at 10:31 pm
New Delhi/IBNS: The government is working on a new bill on cryptocurrency and it will be presented before the Union Cabinet soon for approval, Finance Minister Nirmala Sitharaman told the Rajya Sabha on Tuesday.
IMF cautions El Salvador against using bitcoin as legal tender
Nov 25, 2021, at 12:09 am
Washington/IBNS: The International Monetary Fund (IMF) has said El Salvador should stop using bitcoin as legal tender due to its high price volatility and consequent risks to consumer protection.
Crypto markets fall as govt readies to pass bill to bar pvt cryptocurrencies
Nov 24, 2021, at 06:10 am
New Delhi/IBNS: The crypto markets fell sharply in India after the news of the government introducing a Bill to prohibit all private cryptocurrencies in the Parliament, leaving a few in order to "promote the underlying technology of cryptocurrency and its uses".
Centre mulls over change in tax laws to tax cryptocurrency gains in India
Nov 20, 2021, at 12:08 am
Mumbai/IBNS: The Centre is mulling on bringing changes under the tax laws to tax gains from cryptocurrency in the southeast Asian nation.
Invesco delays launch of blockchain mutual fund over regulatory uncertainty
Nov 18, 2021, at 09:12 pm
Mumbai/IBNS: Invesco Mutual Fund (MF) has decided to hold the launch of its first-in-India blockchain fund because of regulatory uncertainty.
Govt may permit crypto as an asset, not as currency: Report
Nov 18, 2021, at 03:46 am
New Delhi/IBNS: The government is currently in the process of framing laws on cryptocurrency after concerns were raised over unregulated crypto markets and how they can be prevented from becoming avenues for money laundering and terror financing. The new laws may not allow the use of cryptocurrencies to settle transactions or make payments but may allow people to hold them as assets like shares, gold or bonds, ET reported citing sources.
Far deeper issues involved in cryptocurrency, RBI has serious concerns: Shaktikanta Das
Nov 17, 2021, at 02:02 pm
Mumbai/IBNS: Reserve Bank of India (RBI) Governor Shatikanta Das has reiterated that it has serious concerns over cryptocurrency as "far deeper" issues are involved amid reports that the Centre is likely to table a cryptocurrency bill in the upcoming winter session of Parliament.
Oct 22, 2021, at 04:53 am
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) on Thursday prohibited investment advisors from advising on unregulated instruments, according to media reports.
Bitcoin price crosses $50,000 first time since May 15
Aug 23, 2021, at 03:19 pm
Moscow/UNI/Sputnik: The price of the Bitcoin cryptocurrency was going up over 2.5 percent in the early hours of Monday, briefly surpassing the $50,000 mark.
ZebPay: A new platform for investors to earn returns on crypto holdings
May 27, 2021, at 08:09 pm
Mumbai/UNI: ZebPay, a crypto-asset exchange firm, on Thursday announced the launch of its ZebPay lending platform that is defined as a crypto lending model in India.
Bitcoin nosedives by almost 12 pc
Apr 19, 2021, at 02:35 am
Washington/UNI: Bitcoin value fell by almost 12 per cent during the past 24 hours to trade at around USD 54,916 early on Sunday.
Bitcoin price touches more than 4 pc up, now surpassing $51,000
Mar 08, 2021, at 03:47 pm
Moscow/UNI: The price of the Bitcoin cryptocurrency was growing over 4 percent in the early hours of Monday.
To Bitcoin skeptic's tweet, Elon Musk responds with eggplant emoji
Feb 25, 2021, at 04:21 am
New York/IBNS: A day after Elon Musk lost the top position on the list of world’s richest apparently triggered by his opinion on prices of Bitcoin and its smaller rival Ether, he dismissed a critical tweet of a bitcoin skeptic with a single emoji sign sending out a clear message that he would continue to lend his support to cryptocurrency.
Paypal becomes 1st company to withdraw support for Facebook's cryptocurrency Libra
Oct 05, 2019, at 09:59 am
Moscow (Sputnik/UNI) Payment company Paypal said it has withdrawn its participation in Facebook's cryptocurrency project Libra, becoming the first company to end its support for the project amid backlash from authorities.
Bitcoin ban: Flintstone Technology files petition at Delhi HC against Reserve Bank of India order
May 05, 2018, at 05:39 pm
New Delhi, May 5 (IBNS): Flinstone Technologies Pvt. Ltd., which is conducting its business under the trade name of Money Trade Coin (MTC) has filed a petition at the Delhi High Court on Friday, demanding a stay on the Reserve Bank of India circular, which ring fences all entities regulated by it, including banks from conducting business with individual as well as business entities dealing in virtual currencies, an official release stated.
I-T Dept. has issued notices to 1 lakh crypto currency investors: CBDT chairman
Feb 06, 2018, at 09:35 pm
New Delhi, Feb 6 (IBNS): The Income Tax Department has issued about one lakh notices to people who have invested in crypto currencies like Bitcoin and have not declared it in their income tax return, CBDT (Central Board of Direct Taxes) chairman, Sushil Chandra said at an ASSOCHAM event held in New Delhi today.
Jio says it hasn't launched any JioCoin App
Feb 01, 2018, at 03:45 am
Mumbai, Jan 31 (IBNS): Telecom giant Reliance Jio said on Wednesday that it has not launched any JioCoin App.
Social networking giant Facebook bans cryptocurrency ads on its platforms
Jan 31, 2018, at 03:26 pm
New York, Jan 31 (IBNS):In a major move, popular social networking site Facebook Wednesday announced it has decided to block any advertising promoting cryptocurrency products and services.