Page 50 - Cryptocurrency

Goods or services? GST law committee's cryptocurrency dilemma

Tax treatment decision after there's clarity on classification

'Cash doesn't crash'

Cashlessness doesn't actually limit crime but it does limit access to the levers required to commit large white-collar crimes

Edge launches Mastercard, enables users to spend with Bitcoin, Dogecoin

Edge Mastercard users sell their Bitcoin to the card when adding funds in the app, while merchants receive funds in USD

Cryptoverse: The early birds are betting bitcoin is bottoming out

If you're getting into crypto at these levels, a little near-term volatility could be worth a long-term payoff, says an asset manager

How Binance became a hub for hackers, fraudsters and drug traffickers

In as little as nine minutes, using only encrypted email addresses as identification, the Lazarus hackers created Binance accounts and traded crypto stolen from Eterbase, the Slovakian exchange

Double whammy: Terra investors in India lost big. Now, they face the taxman

They could be taxed as much as 30% of the value of tokens received and they won't be able to offset any gains in the new token against losses from the previous one

Bitcoin reclaims $31k level after weeks of languishing; Ether rises 5.6%

The crypto market could also get a boost from US consumer-price data later this week.

New York lawmakers pass landmark bill to limit cryptocurrency mining

have passed a milestone environmental measure designed to tap the brakes on the spread of cryptocurrency mining operations that burn fossil fuels

Crypto scam victims lose more than $1 billion since 2021: US govt report

More than 46,000 people reported losing over $1 billion in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report

Landmark bill to limit cryptomining passes NY Legislature: Reports

The bill, touted by supporters as the first of its kind, now goes to Democratic Gov. Kathy Hochul for consideration

Crypto scam victims have lost more than $1 bn since 2021: US FTC report

The craze for cryptocurrencies was at a fever pitch last year with bitcoin hitting a record high of $69,000 in November.

Top crypto exchange Coinbase freezes hiring, revokes accepted offers

The company also revoked accepted offers from some candidates who haven't joined it yet

Ahead of consultation paper, RBI DG says CBDCs can kill case for cryptos

Ahead of the government coming out with a consultation paper on cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Thursday said the soon-to-be-introduced CBDCs can kill crypto prospects

CoinSwitch launches benchmark index for crypto market in Indian Rupee

CRE8 tracks eight assets representing over 85 per cent of the total market capitalisation of digital assets traded in Indian Rupee.

A coming crypto storm for central banks? Focus on digital money intensifies

Fed is debating whether to develop a digital currency, as are most central banks around the world. A decision has not been made, and officials say it would take congressional approval to move forward

Binance Labs announces $500 mn fund for Blockchain, Web3.0 startups

As venture capital (VC) funds squeeze the flow of money to traditional startups and invest in emerging tech like Web3.0, Binance Labs, the venture capital and incubation arm of leading cryptocurrency exchange Binance, on Wednesday announced closing of a $500 million investment fund to boost Blockchain, Web3.0 and value-building technologies.

Consultation paper on cryptocurrency soon, says DEA secy Ajay Seth

He said that India was also engaging with other countries for global regulations on cryptocurrencies, and India's role in such actions

Russia mulls making international payments using cryptocurrency: Report

Discussions have been ongoing for months but no consensus has yet been reached

Battered DeFi investors put their hopes in Ethereum revamp: Here's why

Fewer new issuances of Ether, a smaller carbon footprint and higher yields are among the upgrade outcomes that DeFi investors say will fuel an Ethereum rally and boost the industry

WEF at Davos 2022: From crypto to climate change, India was the focus

World Economic Forum (WEF) 2022: For European business heads eagerly scouting for options to diversify their trade and investments, India emerged as the best option