Page 15 - Digital Currency

Govt considers blocking IP addresses of cryptocurrency exchanges

Two months ago, the government had said it intended to bring a Bill to ban private cryptocurrencies and introduce India's own digital currency in line with what China and other countries had done

Why a ban on cryptocurrency could have dire consequences for India

Just like its disastrous predecessor - demonetisation - banning cryptocurrency to fight "black money" would be like setting fire to the forest in order to smoke out a few sheep

India to propose cryptocurrency ban, penalising miners, traders: Report

Officials are confident of getting the bill enacted into law as Prime Minister Narendra Modi's government holds a comfortable majority in parliament

Bitcoin takes breather around $60,000 after retreat from record $62,000

The world's most popular cryptocurrency slipped as low as $58,956.90 early in the Asian session, falling from Saturday's record high of $61,781.83

Official, private digital currencies can coexist, say IMF experts

The blog suggests a central bank digital currency may be designed to encourage the private sector to innovate on top of it

Statsguru: Seven charts explain India's tryst with cryptocurrencies

Bitcoin, which commands more than $50,000 on any exchange today, was founded anonymously in 2009

Bitcoin pulls back from brink of $50,000, crypo dropped more than 5%

Bitcoin fell as much as 5.6% to $45,914 and rival cryptocurrency ethereum dropped more than 8% to $1,655

Digital currency an idea that can go far, but will RBI explore it?

Skepticism is high about "Retail Direct" because previous attempts at bringing public debt to the masses haven't gone anywhere

Police seize $60 million worth of bitcoin. But, where is the password?

Bitcoin is stored on software known as a digital wallet that is secured through encryption

RBI working on model of digital currency, decision soon: Deputy Guv Kanungo

An internal committee within the RBI is taking a close look at the model of the central bank's digital currency, Kanungo said

Top headlines: Direct tax compliance may ease, RBI open to digital currency

Business Standard brings you the top headlines of the day

RBI open to digital currency, examining the need to introduce CBDC

A CBDC is legal tender and a central bank liability in digital form denominated in a sovereign currency and appearing on the central bank's balance sheet.

Bitcoin hits $40,000 for first time; doubles in less than a month

Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko shows

Explained: Why cryptos are gaining currency globally amid bitcoin rally

Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game

Bitcoin tops $23,000; may climb to about $400,000, says analyst

The digital coin jumped more than 9 per cent on Thursday, touching a high of $23,256.92, according to a composite of prices compiled by Bloomberg

BTC-e cryptocurrency founder given a 5-yr prison term for laundering funds

Alexander Vinnik was arrested in July 2017 while vacationing in a summer resort in northern Greece.

JD.com becomes first online platform to accept China's digital currency

JD Digits, the company's fintech arm, will accept digital yuan as payment for some products on its online mall

Should you buy Bitcoin or gold? The debate is heating up on Wall Street

Bitcoin's tumble last week, the biggest since March, after a 150% run-up this year underscores the famous volatility of the asset class that has kept mainstream investors at bay

Bitcoin's rally spurs Wall Street to question future of Gold

The digital currency is a trading ground for a motley crew of retail players, speculative pros and exotic quants, while traditional investors have hitherto stayed on the sidelines.

Bitcoin off record highs, slumps 7% in volatile trade

Smaller coins ethereum and XRP, which often move in tandem with bitcoin, fell 7.3% and 8.8%, respectively.