Page 62 - Cryptocurrency
Morris Coin scam: At least 1.1 million investors may have been cheated
The companies that were raided include Bengaluru-based Long Rich Technologies, Longrich Global, and Morris Trading Solutions, among others
 "Morris Coin scam: At least 1.1 million investors may have been cheated")
Bitcoin drops to 3 month-low after US Fed signals interest rate hike
Bitcoin declined to three-month lows on Friday as minutes of the latest US Federal Reserve meeting raised possibility the central bank could boost interest rates as soon as March, Barrons reported.
 "Bitcoin drops to 3 month-low after US Fed signals interest rate hike")
Bitcoin hits lowest since September in drop of 40% from record
The largest cryptocurrency declined as much as 4.9% to $41,008, marking a tumble of about 40% from its record near $69,000 reached Nov. 10
 "Bitcoin hits lowest since September in drop of 40% from record")
Bitcoin, ether near multi-month lows following hawkish Fed minutes
The world's largest cryptocurrency was last at $42,700, down 1.7%, having lost 5.2% on Wednesday. A break below last month's trough of $42,000 would make it the weakest since September
 "Bitcoin, ether near multi-month lows following hawkish Fed minutes")
Cryptocurrencies see outflows in final week of 2021: CoinShares data
The final week of 2021 saw a third straight week of investment outflows from cryptocurrency funds, data from digital currency manager CoinShares showed.
 "Cryptocurrencies see outflows in final week of 2021: CoinShares data")
More than a third of India's urban dwellers oppose crypto law: Survey
Those opposed to regulation cited concerns ranging from heavy taxation to a potential outright ban on non-exchange-traded tokens
Cryptocurrency service providers seek clarity on taxation
The leading Cryptocurrency exchange WazirX, which has been a major focus of the DGGI crackdown, has paid Rs 49.2 crore as GST with interest and penalty
 "Cryptocurrency service providers seek clarity on taxation")
What does a GST probe against exchanges mean for crypto taxation?
The Directorate General of GST Intelligence recently launched a probe over alleged GST evasion against crypto exchanges. Will this nudge the govt to put a regulatory framework for cryptocurrencies?
 "What does a GST probe against exchanges mean for crypto taxation?")
TMS Ep79: Real estate, WazirX GST probe, FMCG stocks, home loan rates
Will omicron impact the real estate sector? What are the lessons from the GST probe against WazirX? Stock-price correction awaits FMCG? What to consider while taking a home loan? All answers here
 "TMS Ep79: Real estate, WazirX GST probe, FMCG stocks, home loan rates")
Bitcoin at $100,000 or will the bubble get popped by Fed? What experts say
Bitcoin traded at around $46,100 on Tuesday as of 9:52 a.m. in Hong Kong, up about 0.2% on the day.
 "Bitcoin at $100,000 or will the bubble get popped by Fed? What experts say")
CryptoWire introduces India's first global index of cryptocurrencies IC15
CryptoWire announced launch of India's first index of Cryptocurrencies - IC15, which is a rule-based broad market index by market cap.
Best of BS Opinion: The network era looms, cryptocurrency conundrum & more
Here are the top BS Opinion pieces of the day
 "Best of BS Opinion: The network era looms, cryptocurrency conundrum & more")
DGGI cracks down on crypto exchanges, Rs 70 cr tax evasion detected: Report
The DGGI is investigating Coinswitch Kuber, CoinDCX, BuyUCoin and Unocoin, say sources
 "DGGI cracks down on crypto exchanges, Rs 70 cr tax evasion detected: Report")
Crypto exchange WazirX fined Rs 49.20 crore for Rs 40,5 cr tax evasion
The GST officials said the Mumbai Commissionerate while investigating the business activities of a cryptocurrency exchange, WazirX, detected GST evasion of Rs 40.5 crore.
 "Crypto exchange WazirX fined Rs 49.20 crore for Rs 40,5 cr tax evasion")
Cryptocurrency exchange WazirX under lens for evading Rs 40 crore in taxes
According to the CBIC, the matter relates to WazirX launching its own currency, but not paying GST on it.
The Year of the Doge? 2021, crypto's wildest year yet
The memecoin phenomenon was linked to the 'Wall Street Bets' movement, where retail traders coordinated online to pile into stocks such as GameStop Corp, squeezing hedge funds' short positions
In pics: 2021 belonged to investors, no matter where they placed a bet
From equities to commodities and cryptocurrencies, most segments gave handsome returns. But inflation, rate tightening, and the Omicron spread have spoiled the year-end party
 "In pics: 2021 belonged to investors, no matter where they placed a bet")
Looking back: 10 developments that shaped the financial sector in 2021
From crypto concerns to policy normalisation, deposit insurance, Shaktikanta Das' reappointment as RBI governor and Citi's India exit, here are the key developments in for the financial sector in 2021
 "Looking back: 10 developments that shaped the financial sector in 2021")
Bitcoin falls 6.1% to $47,607, Ether drops 5.57 % to $3,812.6
Bitcoin, the world's biggest and best-known cryptocurrency, is down 31% from the year's high of $69,000 on Nov. 10
India needs to initially go for basic model for CBDC, says RBI report
In its basic form, a CBDC provides a safe, robust, and convenient alternative to physical cash
 "India needs to initially go for basic model for CBDC, says RBI report")