Page 42 - Cryptocurrency

I-T dept likely to make PAN mandatory for cryptocurrency investors

I-T dept plans to seek statement of transactions from crypto exchanges

Infosys Finacle gets inducted into IFSCA's Regulatory Sandbox framework

Cryptocurrency slump has flooded the market with Rolex and Patek

The supply of trophy watches such as the Rolex Daytona or Patek Nautilus 5711A "is now much larger", online-watch trading platform Chrono24 said in an emailed statement

Crypto watch: Winter in the market is not over yet, argue experts

As the cryptocurrency market cap crossed $1.1 trillion mark on Friday and Bitcoin rose above $24,000, experts said that 'we are not there yet'

Yen shoots for best month in years as growth concerns bring US yields down

The Japanese yen headed toward its best month in almost three years as growth worries have driven US yields sharply lower and squeezed speculators out of crowded short yen positions

Binocs becomes a tax partner to BitBns; to provide accurate tax and accounting services to BitBns users

Cryptoverse: What crisis? Venture capitalists bet big on crypto boom

Some VCs are shrugging off the gloom, with many deploying substantial war chests as their faith in the underlying tech behind crypto coins remains strong

Crypto exchange CoinSwitch announces zero-fee 'Bitcoin Trading Fest'

The zero-fee trading offer extends to all bitcoin transactions, including SIP and limit orders as well as sale of bitcoins received as rewards for referrals and other promotional activities.

India needs to have progressive regulation for crypto assets: Experts

Blockchain technology is needed and can be used in governance, they say

SC asks Surjewala to approach HC against law linking Aadhaar with Voter ID

The Supreme Court asked Congress leader Randeep Singh Surjewala to approach the Delhi High Court with his plea challenging the Election Law Amendment Act

Govt's cryptocurrency stance: Heads I win, tails investors lose

The government has laid out clear rules on taxation of cryptocurrencies but has not said anything on what happens in cases of fraud

YES WORLD now holds a World Record-World's biggest percentage gainer CryptoCurrency in price within 24 hours of listing on exchange

Crypto exchange Blockchain.com cuts 25% of its workforce, halts expansion

Leading cryptocurrency exchange Blockchain.com has laid off 25 per cent of its workforce, nearly 150 employees, amid the global economic meltdown

2 Indians, friend charged in 1st crypto insider trading scheme: Official

Two Indian brothers and their Indian-American friend have been charged in the US in the first ever cryptocurrency insider trading scheme in which they made illicit profits totalling over a mn dollars

Crypto logical extension of fintech, its use as asset, currency a challenge

Crypto technology as a means of payment is logical extension of fintech companies but challenges lies on its usage as an asset class and an alternative to currency, MoS IT Rajeev Chandrasekhar said

Tesla profit tops target; Musk says high prices could hurt demand

Tesla also sold a majority of its bitcoin holdings, which led to smaller-than-expected impairment charges caused by a decline in the value of the cryptocurrency, analysts said

Top headlines: RBL posts profit in Q1; Murmu ahead of Sinha in Prez poll

Business Standard brings you top news of the evening

Tesla sells 75% of its Bitcoin holdings after Musk said he doesn't dump

The carmaker had converted roughly 75% of its Bitcoin to fiat currency as of the end of June, adding $936 million of cash to its balance sheet, according to its shareholder letter

Bitcoin climbs past $24,000 after a month amid hopes of softer Fed action

The world's largest digital token rose as much as 3.3% Wednesday to trade around $24,066, the highest level since mid-June

Crypto markets rebound but assets future in India uncertain: Experts

From April 1, a 30 per cent tax was applied on income from the sale of cryptocurrency. From July 1, an additional 1 per cent tax was applied in the form of tax deducted at source (TDS)