Page 70 - Cryptocurrency

'Ads should not mislead youth': PM Modi chairs meeting on cryptocurrencies

The meeting was an outcome of a consultative process between the RBI, finance ministry, and the home ministry

'Youth must not be misled': PM Modi chairs key meet on cryptocurrency

Attempts to mislead youth by over-promising, non-transparent ads on cryptocurrency should stop were discussed at the meet, say sources

Cong seeks SC-monitored SIT probe into Karnataka multi-crore Bitcoin 'scam'

The Congress alleged a multi-crore Bitcoin scam and its cover-up by the BJP govt in Karnataka and demanded that an independent investigation be conducted by a Supreme Court-monitored SIT.

CM Bommai meets Yediyurappa, BJP state chief as Bitcoin scam casts shadow

Chief Minister Basavaraj Bommai called on former Chief Minister B S Yediyurappa amid the opposition allegations that the BJP government was not doing enough to probe the alleged Bitcoin scam.

Indian crypto exchange WazirX registers $38-bn trading in a year

The platform currently has 10 mn users, expanding its user base by 10 times in 2021

Need an inflation hedge? Bitcoin has delivered 99.996% deflation

Unlike dollars or any other traditional currency, the digital coin is designed to have a limited supply, so it can't be devalued by a government or a central bank distributing too much of it

Amid RBI's tough stance, what will be cryptocurrencies' fate in India?

RBI Governor Shaktikanta Das has again said that cryptocurrencies pose a threat to India's financial stability. Amid growing interest, what does the RBI's tough stance mean for virtual currencies?

TMS, Ep 41: Fate of crypto, Falguni Nayar, Q2 results, and F&O trading

How will RBI's tough stance shape the fate of cryptocurrencies? How did Falguni Nayar become India's most successful entrepreneur? What is F&O, and how does it differ from equity trading? Answers here

The NFT conundrum: Smoke and mirrors, or sound investment?

People are obviously willing to pay very large sums at this instant for the bragging rights of owning blockchain entries

Managing cryptocurrencies

Govt must address regulatory concerns

PM Modi asked me not to bother about Bitcoin scandal: CM Bommai

Karnataka Chief Minister Basavaraj Bommai on Thursday said that Prime Minister Narendra Modi has asked him not to bother about the Bitcoin scandal in the state

US inflation shock tears up trader playbooks from stocks to Bitcoin

Value shares, digital currencies, gold and bets on a flatter yield curve are seen as some of the potential beneficiaries from a higher inflation environment

TMS, Ep 40: Back to office, crypto ban, Nykaa, IPO, and circuit filters

What are the challenges facing IT firms as employees return to office? Is crypto too mainstream in India to be banned? Is it right time to partially book profit in Nykaa IPO? Get all the answers here

Bitcoin hits new all-time high above $69,000; multiple factors drive gains

The leading cryptocurrency has added more than $3,000 to its value today

K'taka will see 3rd CM if Bitcoin scandal investigated thoroughly: Congress

Former minister and Congress MLA Priyank Kharge on Wednesday said that if the Bitcoin scandal is investigated thoroughly and transparently, the BJP government in Karnataka will soon see a third CM

Coinbase slumps after reporting lower-than-forecast revenue of $1.24 bn

Coinbase, which blamed market turbulence and lower coin prices during the early portion of the third quarter, posted revenue of $1.24 billion

Tim Cook reveals he owns crypto on a day Bitcoin hits historic high of $68k

Apple CEO Tim Cook has shaken Twitter revealing he personally owns cryptocurrency and has been interested for "a while".

Investing in cryptocurrencies, NFT? Soon, you may have to pay 18% GST

While regulatory uncertainty around cryptocurrencies continues, the tax department might be getting ready to tap into this new area. Here's what crypto and NFT investors need to know about taxation

Cryptocurrency market cap hits $3 trn mark for 1st time, Bitcoin on fire

Bitcoin and Ether created a new all-time high of $68,641.57 and $4,857.25 on Tuesday

Dollar wavering with inflation looming as next test for rates

The data due on Wednesday is expected to show U.S. consumer prices galloped and Chinese factory gate prices soared in October