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Page 49 - Bitcoin

Bitcoin's central appeal could also be its biggest weakness

The issue is that the blockchain records the movement of bitcoin, not the movement of other currency

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Updated On : 10 Jul 2017 | 8:15 AM IST

The Bitcoin economy, in perspective

Bitcoin is the cryptocurrency that refuses to die

The Bitcoin economy, in perspective
Updated On : 23 Jun 2017 | 12:58 AM IST

Price hikes in Ether and Bitcoin are not signs of a bubble

Bitcoin is used for payments and Ether automates any number of processes using smart contracts

Price hikes in Ether and Bitcoin are not signs of a bubble
Updated On : 20 Jun 2017 | 9:00 AM IST

Ethereum, the 'new kid' in digital currency, is beating the bitcoin

Reports of introducing trading services in alternate currency is making rounds in India

Ethereum, the 'new kid' in digital currency, is beating the bitcoin
Updated On : 01 Jun 2017 | 2:51 PM IST

Bitten by the bitcoin bug?

Investors need to weigh risks and rewards of alternative asset class carefully before betting on it

Bitten by the bitcoin bug?
Updated On : 31 May 2017 | 11:24 PM IST

Bitcoin, stocks and the fear of missing out

A series of gains raises investor confidence that they will last indefinitely

Bitcoin, stocks and the fear of missing out
Updated On : 31 May 2017 | 11:13 PM IST

Bitcoin soars above $2,400 to all-time high as demand rises

Bitcoin hit a record of $2,409 on the BitStamp platform and was last up 4.3 per cent at $2,363

Bitcoin soars above $2,400 to all-time high as demand rises
Updated On : 24 May 2017 | 9:48 PM IST

Government initiates debate to regulate Bitcoin

The Union finance ministry has invited suggestions on whether digital currencies like Bitcoin should be banned or allowed but regulated, and if so, if self-regulation is desirable. It wants feedback by the end of the month.Earlier, a committee of bureaucrats had been asked to study the issue. In recent times, Bitcoin has been recognised by Japan; it has also been used to ask for ransom money.Bitcoin start-ups Zebpay, Unocoin, Coinsecure and Searchtrade had in February jointly launched a Digital Asset and Blockchain Foundation of India (Dabfi) as a self-regulatory body. Nishith Desai Associates, a global legal entity, was appointed advisor for developing the regulations. They argue that currencies such as Bitcoin should be allowed self-regulation. Banning it, say they and others, does not seem sensible, with its rising acceptability in parts of the world. If the government is to regulate it, there would be various issues. Digital or virtual currencies are not so defined under the laws .

Government initiates debate to regulate Bitcoin
Updated On : 23 May 2017 | 1:53 AM IST

And a bitcoin is now worth $1,843

Unit of Bitcoin passed dollar value of one troy ounce of gold this year

And a bitcoin is now worth $1,843
Updated On : 13 May 2017 | 10:04 PM IST

Finance ministry drafting rules for Bitcoin, other virtual currencies

Cases of misuse of virtual currencies are rising as fast as their prices are

Finance ministry drafting rules for Bitcoin, other virtual currencies
Updated On : 09 May 2017 | 2:06 AM IST

Bitcoin soars above $1,400 to all-time high

Its current levels put the total value of all bitcoins in circulation close to $25 bn

Bitcoin soars above $1,400 to all-time high
Updated On : 02 May 2017 | 4:52 PM IST

Taking Bitcoin to the stockmarket won't do much for its risky image

The USSEC has already rejected an application to create an ETF for Bitcoin

Taking Bitcoin to the stockmarket won't do much for its risky image
Updated On : 07 Apr 2017 | 11:24 AM IST

Use of Bitcoin illegal, can attract anti-money laundering law: Government

The RBI has already cautioned users, holders and traders of virtual currency

Use of Bitcoin illegal, can attract anti-money laundering law: Government
Updated On : 28 Mar 2017 | 5:36 PM IST

Bitcoin steadies after biggest three-day tumble in over two years

Bitcoin hit a five-week low of $944.36 on Saturday

Bitcoin steadies after biggest three-day tumble in over two years
Updated On : 21 Mar 2017 | 4:33 AM IST

Bitcoin firms form self-regulatory body for transparent growth

Bitcoin start-ups Zebpay, Unocoin, Coinsecure and Searchtrade have jointly launched a Digital Asset and Blockchain Foundation of India (Dabfi), with the aim of orderly and transparent growth of the virtual currency market. The body will work as a self-regulatory organisation (SRO) for this business. And, has appointed Nishith Desai Associates, an international law firm, to develop self-regulation norms for the segment.A committee for the SRO has been constituted, with the members comprising Sandeep Goenka (Zebpay), Mohit Kalra (Coinsecure), Sathvik Vishwanath (Unocoin), Harish B V (Unocoin) and Vishal Gupta and Rashmit Gupta (Searchtrade).Dabfi will prepare self-regulatory regimes for trading of bitcoins and other blockchain-based digital assets. And, standardise Know Your Cusotmer (KYC) and anti-money laundering norms for member companies. It is to also build credibility and create awareness about the benefits and risks, liaise with regulators and get clarity on taxation, attract ...

Bitcoin firms form self-regulatory body for transparent growth
Updated On : 28 Feb 2017 | 1:27 AM IST

Venture capital fund to become first to issue own digital tokens

A portion of blockchain fund to come from initial coin offering

Venture capital fund to become first to issue own digital tokens
Updated On : 26 Feb 2017 | 12:32 AM IST

Bitcoin hits record high above $1,200 on talk of ETF approval

Traditional financial players calls it volatile, complicated, risky, and doubting its inherent value

Bitcoin hits record high above $1,200 on talk of ETF approval
Updated On : 24 Feb 2017 | 5:38 PM IST

High-speed traders are taking over Bitcoin

If not done within 14 days, the insurer can reject vehicle damage claims arising in the future

High-speed traders are taking over Bitcoin
Updated On : 18 Jan 2017 | 1:05 AM IST

Bitcoin slides as China's central bank launches checks on exchanges

Chinese authorities have stepped up efforts to stem capital outflows and relieve pressure on yuan

Bitcoin slides as China's central bank launches checks on exchanges
Updated On : 11 Jan 2017 | 9:06 PM IST

Singapore's BitX lands to ride global bitcoin wave and it's now Luno

That includes a new website as well as updated iOS and Android apps, reports Tech in Asia

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Updated On : 11 Jan 2017 | 5:17 PM IST