Page 5 - Cryptocurrency

India takes cautious approach on cryptocurrencies, RBI cites concerns

According to a document reviewed by Reuters, the RBI reportedly believes that managing risks linked to cryptocurrencies through regulation would be difficult in India

Taxation deters Indian crypto investors amid rising interest: Mudrex

Nearly 90 per cent of investors said they would increase their investments if government policies became clearer

Crypto holds steady: BTC, ETH range-bound; investors eye US inflation data

Analysts suggest the muted price action reflects investor caution ahead of the upcoming US CPI release, which could influence the Fed's next policy decision

China may ease crypto curbs as stablecoins challenge dollar dominance

With the, apparently coincidental, four-year anniversary of the last big tightening coming up this month, expect the next move by authorities to be a change of heart, a relaxation

Trump Inc's $5.4 billion crypto foray: WLFI token hit by turbulence

The token, promoted by Donald Trump's family and listed this week on leading exchanges Binance and Coinbase, is still changing hands about 25% below its launch price

Crypto market snapshot: Bitcoin gains momentum, Ethereum holds steady

Market analysts attributed the renewed bullish sentiment to significant inflows into spot Bitcoin ETFs, which registered $333 million in net investments in a single day

India to implement OECD's crypto reporting framework from April 2027

India is expected to sign the Multilateral Competent Authority Agreement (MCAA), a global framework for automatic exchange of tax information next year, he said

All companies will be Bitcoin treasuries, says Blockstream CEO Adam Back

Speaking to a global audience of investors and industry leaders, Back predicted that in the near future, most companies will hold Bitcoin as a central part of their treasury strategy

Dovish Powell sends Ethereum to fresh all-time high; what's next for ETH?

The surge was further fuelled by strong inflows into US spot Ethereum ETFs and strategic buying by corporate treasuries

Crypto markets hold breath as investors await Powell's Jackson Hole speech

While bulls are attempting to trigger a recovery, analysts believe that bearish sentiment still dominates the broader crypto market

Bank-AI collab improves pricing, risk models: Philadelphia Fed's Jagtiani

Bank-fintech collaborations are allowing for more proper pricing and risk underwriting, said Julapa Jagtiani, Senior Economic Advisor and Economist at the Federal Reserve Bank of Philadelphia, on Thursday. Jagtiani was addressing a webinar on "Beyond Intuition: AI, Crypto, and Social Algorithms Shaping the Future of Finance", organised by Indian Institute of Management Bangalore (IIMB) Centre for Software and IT Management (CSITM). "When banks team up with vendors of AI solutions, we see more correct pricing of non-prime borrowers. Rather than pricing all as equally risky, AI differentiates who will default and who will not," said Jagtiani. The webinar was attended by more than 170 participants and included pre-eminent finance professionals from the United States, United Kingdom, and India. Apart from Jagtiani, the panel comprised Evelyn de Rothschild, Professor of Finance at Cambridge Judge Business School, Marina Niessner, Assistant Professor of Finance at Indiana University's ..

Crypto confidence in India hinges on security, not just returns: CoinSwitch

Sixty per cent of respondents expressed positive sentiment towards crypto investments, while 20 per cent felt negative and another 20 per cent remained neutral

WazirX secures majority creditors' nod for revised scheme of arrangement

Zettai said 95.7 per cent of WazirX creditors backed its revised scheme, covering $206.9 million in claims, with redistribution of assets pending Singapore court approval

Delhi High Court orders WazirX to disclose Binance acquisition details

The court has also ordered the company to disclose details of the ongoing restructuring proceedings before the Singapore High Court, as per its order dated August 5

Ethereum leads altcoin rally amid shifting crypto winds: Binance Research

Bitcoin's market dominance declined to approximately 60 per cent, while Ethereum's share surpassed 11.8 per cent, indicating a notable shift in asset allocation within the cryptocurrency market

CoinDCX to absorb $44 million security breach loss: CEO Sumit Gupta

Gupta maintained that customer funds on the platform were not compromised since they were parked on a cold wallet infrastructure

ED busts ₹11.5 Cr scam: Indians pose as Bank of America to trick US woman

The accused contacted U.S.-based Merle Lee Korejwo and illegally accessed her computer posing as bank officials.

US SEC unveils major reforms to support crypto, blockchain trading

Securities and Exchange Commission Chair Paul Atkins said in remarks that he has directed commission staff to craft guidelines to determine when a crypto token is a security as well as proposals

Platform security assumes criticality in the face of crypto hacks

Crypto platforms need to integrate automation and intelligence into a unified security stack, run well-compensated bug bounty programmes, and have stringent KYC protocols in place

26-35 year-old's drive crypto craze in India; Kolkata tops portfolio gains

Bitcoin (BTC) retained its position as the most preferred crypto asset among Indian investors, capturing 6.5 per cent of overall investor interest