When it comes to Bitcoin and the like, government oversight should be a feature, not a bug
Like their predecessors during the Internet-stock boom almost two decades ago, cryptocurrency investors who bet big on a seemingly revolutionary technology are suffering a painful reality check
Cryptocurrencies have declined for five of the past six weeks amid concern that a broader adoption of digital assets will take longer than some had anticipated
The SEC has taken a strict stance against letting ETFs tracking bitcoin and other cryptocurrencies come to market
Questions are now being asked how exactly the government will find legal backing to tame the trade in virtual currencies
Crypto losses could be larger than India's biggest bank scam
The race is on to become the go-to destination for cryptocurrency companies that are looking for shelter from regulatory uncertainty in the United States and Asia
Banga said crypto-currency is not a good medium of exchange as it does not have predictability and transparency
These 'currencies' operate independently of a central bank like the RBI, "rendering it immune from government interference"
The collapse in the price of Bitcoin this year hasn't helped matters either
As the deadline approached, people sold their holdings in large enough volumes on Koinex that it resulted in a huge drop in prices for bitcoins, ethereum, and ripple, among other virtual currencies
Dipak Misra, said the RBI's directive prohibiting banks, financial institutions from providing any services related to virtual currencies will remain implemented
Roubini attributes the recent change of attitude to advances in technology, but previous advances were accepted only in minimal doses
About 18 percent of cryptocurrency-related posts on Reddit, Twitter and online forum Bitcointalk.org now originate from bounty campaigns
The world of digital currency is poised to draw billions of dollars from institutional investors if it can provide boring back-office services like custody banking and trading systems
Offers 30% discount on crude oil purchases made in Petro
The report comes amid a tightening of norms surrounding the cryptocurrencies in India
For entities which are already providing such services, three months time has been given to them to cease such activity, the plea said
RBI directive proved opportune for a lot of traders who used dip in bitcoin and other virtual currency prices to their advantage by buying even more and holding it in their private wallets rather
Instead of emulating China, the RBI could have looked at Japan, Germany, Korea, Australia and Singapore