The option will be available outside the United States later this year
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In most major countries and blocs, regulators treat cryptocurrencies as assets and gains in these are taxed like financial transactions
Two months ago, the government had said it intended to bring a Bill to ban private cryptocurrencies and introduce India's own digital currency in line with what China and other countries had done
There is, however, some confidence that the Centre will allow, rather, promote, innovations around blockchain, the underlying technology for Bitcoin
It's a virtual currency. Every crypto-coin is a unique code, like the serial number on a banknote
Just like its disastrous predecessor - demonetisation - banning cryptocurrency to fight "black money" would be like setting fire to the forest in order to smoke out a few sheep
India had banned banks and other regulated entities from supporting crypto transactions in 2018. The Supreme Court removed the curbs last year in response to a petition by cryptocurrency exchanges
In an internal memo, the bank told its financial advisers it would launch access to three funds allowing ownership of Bitcoin
NEW YORK (Reuters) - Inflows into cryptocurrency funds and products have already hit a record $4.2 billion for the first quarter, reflecting growing institutional investor interest, CoinShares data showed.
Bureaucrats say they want blockchain, but not cryptocurrencies. It's as silly as wanting airports with duty-free shops but no flights
Bitcoin's growing popularity has been the primary driver for new installations
Officials are confident of getting the bill enacted into law as Prime Minister Narendra Modi's government holds a comfortable majority in parliament
The world's most popular cryptocurrency slipped as low as $58,956.90 early in the Asian session, falling from Saturday's record high of $61,781.83
Bitcoin, the world's biggest and earlier cryptocurrency, has crossed a record high of $60,000.
Bitcoin is up about 1,000% in the past year amid signs of increasing institutional interest as well as speculative demand
Various media reports cited that Metakova is a pseudonym of the investor, which means King of Meta in the Tamil language
The cryptocurrency has been on a tear in recent months
The world's largest digital asset rose as much as 5.2% before trading around $57,000
Twitter CEO and billionaire Jack Dorsey who last week announced to sell his very first tweet of March 6, 2006, has said that he will donate the money in Bitcoins to charity