Page 68 - Cryptocurrency

Govt may introduce bill on cryptocurrencies in Parliament winter session

The three-week long winter session is scheduled to be held from November 29 to December 23

Parliamentary Panel on crypto: Regulate, don't ban, say several members

Several members were in favour of regulating crypto currency exchanges rather than imposing an outright ban on crypto currencies

'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

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

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

Coinbase CEO says NFTs could be 'big or bigger' than crypto trading

Coinbase has received more than 2.5 million emails seeking to sign up for the marketplace since it was first announced in October

Twitter building dedicated crypto team to focus on Blockchain

Micro-blogging site Twitter is building a new division for "all things Blockchain at Twitter," called Twitter Crypto

RBI Governor Shaktikanta Das reiterates opposition to cryptocurrencies

The monetary authority again reiterated its strong views against cryptocurrencies saying they pose serious threats to the macroeconomic and financial stability of the country

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

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

TMS, Ep 39: GST on cryptos, D2C rush, investing in IPOs, and ELSS schemes

How is the tax dept planning to tap cryptocurrencies and NFTs? What are pros and cons of investing in equity-linked savings schemes? How is D2C different from traditional business? All answers here

Digital currencies likely to be legal tender, say Central banks

Ensuring CBDCs are legally recognised as a form of payment alongside banknotes and coins could give the new form of money an edge over other types of electronic payments

Top headlines: Paytm IPO subscribed 48% on Day 2; M&M Q2 net surges 8-fold

Business Standard brings you the top stories from today

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

Bitcoin breaks past $68,000, ether nears $5,000 as flows surge in crypto

Bitcoin and ether made record peaks in Asia trade on Tuesday, with enthusiasm for cryptocurrency adoption and worry about inflation driving momentum and flows into the asset class.

Top headlines: India to tax blockchain system, UK recognises Covaxin

Future Retail goes to the Supreme Court in the latest round of its fight with Amazon. More on that story in Business Standard's top headlines at this hour.

Rs 100-crore money laundering racket via crypto scheme busted

The kingpin of the racket is absconding, police said