Cryptocurrency And Blockchain Technology

The Bill will prohibit all private cryptocurrencies in India, but will allow for certain exceptions to promote the underlying technology of cryptocurrency, and its uses

The world's most popular cryptocurrency Bitcoin was last down 10.6% at $31,724. It has lost about 27% of its value after touching a record $42,000 on Jan. 8

With mounting allegations of cryptocurrency fraud and many aggrieved citizens approaching courts, experts say the need for a regulatory mechanism is urgent

The era of tech nationalism launched with India banning Chinese tech platforms and telecom equipment

London-based Marex Spectron Group is selling a structured product known as an autocallable to people with at least $200,000 to invest, according to a term sheet

Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko shows

Here's a selection of Business Standard opinion pieces for the day

India needs a regulatory framework for cryptocurrencies

The currency gained as much as 7.8 per cent to $34,182.75, before slipping to about $33,970 as of 3:05 p.m. on Sunday in Singapore

Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game

Invest for the long term via SIP, and limit allocation to 5-10% of the portfolio

The digital coin jumped more than 9 per cent on Thursday, touching a high of $23,256.92, according to a composite of prices compiled by Bloomberg

The Indian government's ambivalent attitude towards this asset class is another key risk for investors keen to climb on to this bandwagon

"Honestly I've had more luck in Vegas than I've had with cryptocurrencies," said one of the investor

Bitcoin, the largest and the first crypto currency, is currently commanding premium of 1.5-2 per cent of its cost on one of the exchanges app which has started permitting crypto trading against paymen

Monitoring of cryptocurrency is a much better option

On Wednesday, Supreme Court set aside RBI's circular which prohibited banks from facilitating transactions in cryptocurrencies

Belgian firm SettleMint, which has a sizeable presence in Europe, West Asia and Singapore, expects 20-25% of its revenues coming from India in the next three years

Here's a selection of Business Standard opinion pieces for the day

Cryptos work because investors believe these have value. That trust is based on the hack proof nature of the blockchain. But what if the blockchain doesn't exist?