Page 136 - Cryptocurrency
George Soros allows $26 bn-family office to trade in cryptocurrencies
Soros, speaking at the World Economic Forum in Davos, said digital coins cannot function as actual currencies because of their volatility
 "George Soros allows $26 bn-family office to trade in cryptocurrencies")
Amit Bhardwaj: The mastermind behind Bitcoin Ponzi scheme
Several investors were lured to his Ponzi schemes, which promised handsome returns
 "Amit Bhardwaj: The mastermind behind Bitcoin Ponzi scheme")
Enforcement Directorate registers case against GainBitcoin
The ED action follows earlier action by the police in Pune
 "Enforcement Directorate registers case against GainBitcoin")
RBI crackdown on cryptocurrencies: Exchanges, investors take a hard knock
In India, there are over five million investors who have bought or trade in bitcoins and other major cryptocurrencies
 "RBI crackdown on cryptocurrencies: Exchanges, investors take a hard knock")
Don't deal with entities related to Bitcoins, RBI tells banks and NBFCs
The RBI has repeatedly cautioned users, holders and traders of virtual currencies, including bitcoins
 "Don't deal with entities related to Bitcoins, RBI tells banks and NBFCs")
Cryptocurrencies hit hard on Indian exchanges, after RBI's near-ban policy
In India, Bitcoin, a volatile cryptocurrency, plummeted to a low of 350,001 rupees or about $5,392
 "Cryptocurrencies hit hard on Indian exchanges, after RBI's near-ban policy")
Crypto miner Canaan eyes IPO; bets on China's push for chip industry
Hangzhou-based Canaan has seen a surge in demand for its mining machines amid a global boom in cryptocurrencies
Hacked crypto exchange Coincheck sold to Japan's Monex for $34 mn
Monex, Japan's No.3 online brokerage by customer accounts, said in a statement on Friday it would buy all Coincheck's shares
 "Hacked crypto exchange Coincheck sold to Japan's Monex for $34 mn")
Exit options for Indian cryptocurrency investors
They could request friends or family members abroad to sell them, or sell to another investor abroad at a small discount
With RBI's near-ban announcement, cryptocurrency prices crash sharply
From an 8% premium, quoting at 27% discount to international price with investors' distress sales
 "With RBI's near-ban announcement, cryptocurrency prices crash sharply")
Monetary policy review: Banks can't deal with crypto traders, says RBI
Central bank considers issuing digital currency, sets up panel which will submit report by June
 "Monetary policy review: Banks can't deal with crypto traders, says RBI")
Latest RBI diktat means your bank will no longer allow you to buy bitcoins
RBI said it has repeatedly cautioned users, holders and traders of VCs, including bitcoins regarding various risks associated