Page 67 - Cryptocurrency

No proposal to recognise Bitcoin as a currency in India: FM tells Lok Sabha

The government has no proposal to recognise Bitcoin as a currency in the country, Finance Minister Nirmala Sitharaman said in Lok Sabha

Currencies recover from Omicron chaos; analysts see volatility returning

Currency markets calmed in Asia after the initial shock of Omicron's discovery sent investors scurrying for cover last week

Best of BS Opinion: An open letter to PM, cryptocurrency regulation & more

Here are the best of BS Opinion pieces of the day

Cryptocurrency exchange Coinstore enters India despite pending trade curbs

Coinstore has launched its web and app platform and plans branches in Bangalore, New Delhi and Mumbai

With Farm Laws Repeal Bill & crypto on agenda, winter session begins today

There are 10 economic Bills that are slated for the upcoming session

How to regulate cryptocurrencies

A systematic approach to designing the correct regulatory strategy

In India crypto won't be the first case of privately issued currencies

Since no one knows exactly what effect these privately issued currencies will have, the government is planning to pass a law on them in the forthcoming winter session of Parliament

Why estimates of India's crypto-owning population could be exaggerated

As the debate around regulating-or even banning-private cryptocurrency grows, it is important to know how big India's crypto market really is

Bitcoin tumbles nearly 8% as new coronavirus variant shakes markets

Smaller coins, which tend to move in tandem with bitcoin, also fell

Cryptocurrency firms mull moving offshore amid ban buzz in India

Several NFT platforms said they would not need to shut shop in the case of a ban

Cryptocurrency is here to stay, says Paytm founder Vijay Shekhar Sharma

Sharma said it is being used in a speculative manner now

LIVE: Centre asks for 'rigorous' screening of international passengers

Multiple cases of a Covid variant 8.1.1529 have been reported in Botswana, South Africa and Honk Kong, writes Centre

Banning cryptocurrencies could lead to more unlawful usage: Industry body

BACC's statement comes days after the government listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions

Most Indians don't want crypto legalised, have low or zero trust: Survey

More than half the 29,352 respondents say it should be taxed like a digital asset held abroad

As crypto slips, young investors resist urge to press panic button

With no amount too small to begin with, many youngsters have been experimenting with investment in digital portfolios

A look at the key Bills coming up in Parliament's winter session

The government is set to have a busy winter session at the Parliament with cryptocurrency Bill, privatisation of two public sector banks and more on the agenda. This report takes a look at them

CoinSwitch Kuber CEO says crypto ban unlikely as $6-bn assets held in India

Says regulation could happen in phases. Crypto could first classified as an asset, then taxed, and then brought under an appropriate regulatory authority

Do we really need 6k cryptocurrencies? Only a handful will survive: Rajan

Former RBI Governor's remarks come a day after the government listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions

Crypto industry seeks nuanced policy from govt, asks investors to stay calm

CoinSwitch Kuber founder and CEO Ashish Singhal said the industry has been actively communicating with all stakeholders

Sensex sheds 323pts, Nifty manages to hold 17,400; Infosys, ITC slip 2%

Smallcaps, sugar stocks and shares of recently listed companies like Paytm, SJS Enterprises, Fino Payments Bank and PolicyBazaar were in demand