Thursday, Jan 21, 2021 | Last Update : 02:01 PM IST

cryptocurrencies

cryptocurrencies

The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to be done by the sovereign, said RBI governor Shaktikanta Das. (Photo: File)

No way privately-issued digital currencies can be allowed: RBI Gov Das

The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.

05 Dec 2019 5:45 PM

Facebook’s head of the project, former PayPal executive David Marcus, cautioned on Twitter against “reading the fate of Libra into this update,”

Facebook's Libra currency abandoned by major financial companies

The latest exodus leaves the Libra Association without any remaining major payments companies as members.

12 Oct 2019 12:53 PM

France and Germany have said that Libra, whose size would dwarf cryptocurrencies such as bitcoin, could limit their monetary sovereignty.

Spooked by Libra, EU pledges to regulate digital currencies

Lawmakers had previously considered regulation of cryptocurrencies a marginal issue, until the emergence of talks about launching Libra.

09 Oct 2019 11:56 AM

Three months ago, Facebook announced plans to launch the digital currency in June 2020, in partnership with other members of the Libra Association it set up

Launch of Facebook's Libra could be delayed over regulatory concerns: exec

The attempt to drag cryptocurrencies, like Libra, into the mainstream has since met with regulatory and political skepticism globally.

30 Sep 2019 9:23 AM

It noted with serious concern the mushrooming of cryptocurrencies and numerous people in India investing in these cryptocurrencies.

Govt panel for banning private cryptocurrencies

The committee recommended that all private cryptocurrencies, except any cryptocurrency issued by the state, be banned.

23 Jul 2019 6:32 AM

As for private cryptocurrencies, given the risks associated with them and volatility in their prices, the group has recommended banning of the cryptocurrencies, the release said.

Inter-ministerial group suggests ban on cryptocurrencies in India

The panel also suggested a draft legislation -- Banning of Cryptocurrency & Regulation of Official Digital Currency Bill.

22 Jul 2019 7:13 PM

The cryptocurrencies could be used to finance terrorism if it is not counteracted effectively

Cryptocurrencies and Crimes

The researchers also say they can defeat users who endeavour to disappear behind firewalls or network address translation.

28 Jan 2019 1:05 AM

Legitimate mining operations link thousands of processors together to increase the computing power available to earn cryptocurrencies.

Hackers target smartphones to mine cryptocurrencies

Mining is basically the process of helping verify and process transactions in a given virtual currency.

22 Aug 2018 2:50 PM

Here are 5 platforms which are providing crytocurrencies beyond bitcoins.

5 platforms providing access to cryptocurrencies beyond Bitcoins to India

Some of the Indian exchanges have launched crypto to crypto pairing options.

09 Jun 2018 4:30 PM

An expert involved with the money trade coin industry has said people continue to face problems converting crypto currencies into fiat currency or other crypto currencies because of existing firm government regulations.

Cryptocurrency industry facing tough phase in India, says expert

RBI notification is one among many reasons for this tough phase in MTCX.

16 May 2018 1:44 PM

After bouncing up, falling down and keeping investors on the edges of their seats, bitcoin may be maturing into a period of relatively boring stability, experts say.

Bitcoin frenzy settles down as big players muscle into market

Bitcoin rallied 25 per cent in April after crashing 70 per cent from a high near USD 20,000 late last year.

27 Apr 2018 2:23 PM

Ratings agency Moody's Investors Service on Monday said it sees cryptocurrencies like bitcoins to continue facing regulatory hurdles in the near term.

Cryptocurrencies to continue facing regulatory hurdles: Moody's

Cryptocurrencies threaten payments providers who charge a commission of up to 7.2 per cent.

25 Apr 2018 3:27 PM

RBI, in the past, has come out with three specific warnings to discourage public from investing in the virtual currencies.

Blackmoney SIT reviews cryptocurrencies; directs clampdown

Government is the final authority to frame rules and law to regulate these virtual currencies.

09 Apr 2018 8:41 AM

In India, Bitcoin, a volatile cryptocurrency, plummeted to a low of 350,001 rupees or about $5,392.

Cryptocurrencies hit hard on Indian exchanges after RBI clampdown

Government and the central bank have previously cautioned the public on cryptocurrencies.

07 Apr 2018 10:13 AM

Taking cognisance of the risks associated in dealing with bitcoin and other such VCs, the RBI decided that, with immediate effect, entities regulated by it shall not deal with or provide services to any individual or business entities dealing with or settling VCs.

RBI to review feasibility of introducing digital currency

Virtual currencies raise concerns of consumer protection, market integrity and money laundering.

06 Apr 2018 3:47 PM

Developed by Evan Duffield and released on January 2014 as Xcoin, Dash has since been on an upward trajectory overall.

Dash price is going up - what are the forecasts?

Dash cryptocurrency is a two-tier altcoin, an alternative cryptocurrency to Bitcoin.

16 Mar 2018 4:32 PM

Cryptocurrencies such as Bitcoin and Ethereum have created a buzz due to the exponential increase in value these digital assets have received.

Chennai goes crypto-crazy

Crypto ‘mining’ is far safer option.

17 Feb 2018 3:37 AM

The government does not consider cryptocurrencies legal tender and will take all measures to eliminate use of crypto assets in financing illegitimate activities or as part of payment system. (Representational Image)

India, China to curb bitcoins

A panel set by the government to look into issues relating to cryptocurrencies is expected to submit its report in the current fiscal year.

06 Feb 2018 1:09 AM

Price of bitcoin has increased more than 12-fold in the past four years and the combined market of crypto-assets is now valued at over USD 500 billion. (Photo: DC)

Govt needed to be alert to bitcoin demand spike post DeMo: SJM

Govt should have looked into the way technology was used to launder black money outside India.

27 Jan 2018 5:44 PM

Accessories created from 3D printers and sketches developed virtually is the latest twist the designer has been working on. (Representational Image. Source: Pexels)

French couture house Fournie is now infusing tech with its designs

The latest creations have taken the element of technology to a whole new level while infusing it with craft.

22 Jan 2018 5:02 PM

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