Page 15 - Digital Currency

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.

Fed's Powell: Important for US to get digital currency right than be first

Powell said it is vital the Fed assess what impact a CBDC might have on a range of critical issues

Digital currency: World is learning from China; India must not stay behind

China's rapid advances in developing a digital currency have spurred the world into action. India should not be left behind

7 central banks sketch out digital currency as China forges ahead

Look to catch up with China's 'trailblazing', Facebook's Libra

Many verified Twitter accounts able to post again after cryptocurrency scam

Twitter had limited some users' ability to tweet, reset passwords and use other unspecified "account functions" after many of the platform's top accounts were hacked

China's digital currency moves

With pilot runs for a digital yuan underway, its monetary system could well become an exemplar for other countries

WEF forms framework to help central banks evaluate, design digital currency

Announcing the framework, the World Economic Forum (WEF) said the National Bank of Cambodia has already piloted a quasi-form of CBDC (Central Bank Digital Currency) for its national payments system.

China to launch its own digital currency; trials to be conducted soon

The initial test, set at the end of this month in Shenzhen, will involve some of the largest banks in the country and telecom carriers, the Times reported, quoting the Caijing Magazine.

Libra currency-pegged 'stablecoin', not controlled by one company: Facebook

Central banks and government finance officials have long worried about the challenges posed by digital currencies, and the risk they can be used for money laundering and financing terrorism