Page 88 - Cryptocurrency

Crypto exchanges operations coming on track but investors advised caution

Bitcoin, the largest and the first crypto currency, is currently commanding premium of 1.5-2 per cent of its cost on one of the exchanges app which has started permitting crypto trading against paymen

Uncharted path: Experts seek light-touch norms to regulate cryptocurrency

Experts say what will also play on the minds of policymakers is the potential upside of taxing the cryptocurrency trade.

Bitcoin regulation: Why it makes sense to recognise it as a currency

It is likely that Bitcoin has been used to facilitate enormous capital flight out of India, especially after demonetisation; rupee volume of Bitcoin trades has risen considerably over 12-18 months

Supreme Court quashes 'disproportionate' RBI ban on cryptocurrencies

Pronouncing the verdict, the three-judge bench of the apex court said the ban was 'disproportionate'

Facebook's Libra cryptocurrency has failed, says Switzerland's president

The Libra Association said that more than 1,500 entities have expressed interest in joining the digital currency project

Beware online frauds

There isn't a great deal you can do but there are a few precautions you can take as a citizen

Fix Facebook before moving ahead on Libra, US lawmakers tell Zuckerberg

Despite some top-notch firms pulling out, Facebook and 20 partner organisations have formally launched the digital currency Libra project

Many countries against rushing into crypto currencies: Nirmala Sitharaman

Reserve Bank of India Governor Shantikanta Das spoke about crypto currencies during one of the interventions this week

Unmoved by defections and criticism, Facebook officially launches Libra

Facebook has faced criticism since the summer when it unveiled plans to create a separate, private currency system to allow users to make cross-border payments more easily

PayPal becomes first member to exit Facebook's Libra cryptocurrency group

International outcry is mounting over Libra -- with central banks, governments and regulators railing against Facebook's upstart cryptocurrency and questions over how it would be regulated

Visa, Mastercard waver as Facebook's Libra faces regulatory heat

Facebook announced plans to launch the digital currency in June 2020, in partnership with other members of the Libra Association set up by the U.S. tech giant to manage the project

Don't welcome Facebook's Libra

India's policy makers must be alert to any attempt by Facebook, Mastercard and others to force a cryptocurrency on us

France, Germany oppose Facebook's Libra, back public cryptocurrency

The criticism came as the European Central Bank said it was working on a long-term plan to launch a public digital currency that could make projects such as Libra redundant

Who cancels lunch with Warren Buffett? A Chinese tycoon did, but why?

Sun, citing ill health, postponed the lunch three days before it was to happen, sending the Chinese media and internet into overdrive

Best of BS Opinion: Crypto ban not a good idea, labour law reforms & more

From the ban on cryptocurrency, political defections to OYO's adventures, here's a selection of Business Standard Opinion pieces for the day

Cryptocurrency ban: Panel report leaves many questions unanswered

The Subhash Garg panel as part of its report had submitted a draft Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019

Last-minute change led to decision of cryptocurrency ban by govt panel

In fact, in the first meeting of the committee, which was held on November 27, 2017, the committee had broadly agreed that "the banning option is difficult to implement"

Govt panel recommends cryptocurrency ban, jail terms and fines for use

Panel headed by finance secretary Subhash Chandra Garg recommends imprisonment for up to 10 years for anyone who mines, generates, holds, sells, transfers or issues cryptocurrency.

Is Facebook a bank? US lawmakers push for answers on Libra cryptocurrency

Libra will also face additional concerns from international regulators and lawmakers, which could further delay its progress

Money launderers, terrorist financers can misuse Facebook's Libra: Mnuchin

Facebook's new currency plan under scrutiny in Congress