Page 26 - Cryptocurrency

Comprehensive approach

India needs legislation on cryptos

As PMLA tightens grip on crypto, here's how other nations regulate VDAs

As India strengthens the regulatory framework over the cryptocurrency sector, here is a list of countries that have taken a shot at addressing this complex issue

Bitcoin jumps to highest since June as global markets rally gathers pace

Bitcoin jumped as much as 9.6% to $26,533, its highest since June 2022, in its fourth straight days of gains

Hackers steal $197 mn from crypto lending platform Euler Finance

Cyber-criminals have stolen about $197 million in cryptocurrencies from crypto lending platform Euler Finance

Unbacked crypto assets pose financial and fiscal risks, warns IMF

The paper was presented to the G20 finance ministers and central bank governors in February in Bengaluru, and was made public on Monday

Hackers using fake play-to-earn gaming apps to steal cryptocurrency: FBI

The Federal Bureau of Investigation in the US has warned that threat actors are now using fake rewards in so-called "play-to-earn" mobile and online games to steal millions worth of cryptocurrency

Silicon Valley Bank's collapse highlights fickleness of crypto money

Events last week showed that Kiyotaki-Moore may have been right, not just in their analysis but also in their hyperbole: People accept and hold money not because it circulates freely

Bitcoin drops below $20,000, set for worst week since FTX crash in November

The largest token fell as much 3.2% on Friday, breaking below $20,000 for the first time since January, after falling more than 8% on Thursday. Smaller coins like Ether, Solana also added to losses

Crypto meltdown: Traditional US bank Silvergate collapses as stock plunges

The fall of cryptocurrency exchange FTX and an overall meltdown in the global crypto market has claimed another victim with established US bank Silvergate Capital

Troubled Silicon Valley startup bank spooks share markets, bonds rally

MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.3% to a two-month low, with banks and Hong Kong tech stocks leading losses, while London and European futures each slid more than 1%

TMS Ep386: Crypto under PMLA, SEBI on PCVs, power stocks, sovereign default

Will the money laundering Act spell death for crypto in India? Why does India not have its own Warren Buffet? Will rising temperatures ignite power stocks? What is sovereign default? All answers here

'A step back': Tightened regulatory norms put crypto investors in a spot

Players from the crypto ecosystem believe at least this will create common standards, which in turn will make crypto assets much safer

Crypto under PMLA: Industry gives thumbs up, expects higher investor faith

Cryptocurrency news: On Tuesday, the Centre issued a notification to bring VDAs under the ambit of anti-money laundering law in India

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