Page 25 - Cryptocurrency

Cryptocurrency under PMLA: What changes for those investing in VDAs now?

Cryptocurrency news: If found guilty under PMLA, the person who committed money laundering can be awarded rigorous imprisonment for a minimum of three years up to seven years, with a fine

Top headlines: India faces high power cut risks, Apple to focus on India

Business Standard brings you the top headlines at this hour

Silvergate plans to wind down bank ops, liquidate after crypto metldown

Silvergate collapsed amid scrutiny from regulators and a criminal investigation by the Justice Department's fraud unit into dealings with fallen crypto giants FTX and Alameda Research

Biden to urge 25% billionaire tax, levies on rich investors & corporations

Biden's budget request to Congress, which is slated to be released Thursday, calls for a 25% minimum tax on billionaires, according to a White House official familiar with the proposal

Centre brings crypto assets under PMLA, wrongdoing can be probed by ED

India, as G20 president, is looking to drive the narrative on dangers of cryptos

India imposes money laundering provisions on cryptocurrency sector

The Finance Ministry said in a notice on Tuesday that anti-money laundering legislation has been applied to crypto trading, safekeeping and related financial services

Crypto wrap: Silvergate fallout pulls market down, Bitcoin at two-week low

Silvergate has been a go-to bank for the biggest crypto players but has come under fire since the collapse of FTX late last year

Indian-origin engineer at FTX, Nishad Singh, pleads guilty to fraud charges

In December last year, federal authorities charged Bankman-Fried with orchestrating a scheme to defraud equity investors in FTX

Indian-origin engineer at FTX, Nishad Singh, pleads guilty to fraud charges

Singh entered a guilty plea as to commodities fraud and other charges in the separate, parallel action against him in the Southern District of New York

G20: India walks tightrope to form consensus amongst competing interests

At the media briefing on Saturday, a visibly pleased Reserve Bank of India Governor Shaktikanta Das said that most of the G-20 partners agreed that cryptocurrencies should be regulated

Progressing towards regulation on Crypto under India's G20 presidency: FM

Recognizing the risks attached to the private virtual assets, G20 nations moved a step closer to developing a coordinated and comprehensive policy approach to deal with the crypto assets, she said

Banning cryptocurrency should be an option: IMF's Kristalina Georgieva

Georgieva also said that there are some disagreements between the nations on the issue of debt restructuring of low and middle income countries

Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high

The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary

Sam Bankman-Fried now charged with unlawful political contributions

Sam Bankman-Fried former CEO of collapsed crypto exchange FTX, has now been charged with 4 additional counts of fraud, including unlawful political contributions leading up to the 2022 elections

Bitcoin extends rebound with year-to-date gain at 50%; defies macro peril

Bitcoin's year-to-date gain has now reached 50% after a further jump in February, contrasting with a retreat in global equities this month courtesy of a macroeconomic environment replete

Crypto wrap: 'Surprise rally' in crypto market on US inflation data

The US inflation, according to data released on Wednesday, continued to fall for the seventh straight month in January to 6.4%

FTX bankruptcy judge denies request for independent examiner in the case

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has denied a request by the US bankruptcy trustee to appoint an independent examiner in the case

Dogecoin, Floki soar after Elon Musk tweets photo on new Twitter CEO

Since taking over in October, Musk has said that he plans to step aside at some point, but had never specified a timeline

Crypto exchange Bitget hosts first meetup in Delhi to boost growth In India

/ -- Leading cryptocurrency exchange Bitget has announced its plans of organizing its first-ever offline meetup in India to increase its efforts of building trust and crypto awareness in the region.

US crackdown aims to push crypto industry back to the fringes of finance

The regulators are effectively building a wall between crypto trading and the banking and securities markets to prevent the types of systemic vulnerabilities that led to the 2008 financial crisis