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Penalty on Bitcoin collection? Govt to discuss in today's Cabinet meet
Tue, Feb 20, 2018
The Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi, will meet later in the day to discuss regulating the cryptocurrencies. Unregulated money collection schemes such as Bitcoin or other cryptocurrencies may attract punitive action, sources said.
Saudi Arabia's central bank signs blockchain deal with Ripple
Thu, Feb 15, 2018
Saudi Arabia`s central bank has signed a deal with US-based Ripple to help banks in the kingdom settle payments using blockchain software, as Gulf regulators begin to explore new forms of financial technology.
Bitcoin exchanges likely to maintain user database
Tue, Feb 13, 2018
Bitcoin exchanges, rattled by the Finance Minister terming the cryptocurrency as illegal tender, are planning to create a central repository of users that will help create and maintain a real time record of transactions, reports ET.
This start-up lets you cash in on your genetic data
Mon, Feb 12, 2018
You may soon be able to make money by selling your own genetic data, thanks to a US-based start- up that is offering a service to sequence a customer's genome.
'Amid regulatory uncertainty, blockchain jobs grow in India'
Mon, Feb 05, 2018
There has been a material increase in not only the number of searches related to cryptocurrency, but also in the number of blockchain related job postings on the portal, a report said
Facebook bans cryptocurrency ads on its platforms
Wed, Jan 31, 2018
The social media platform is asking its over two billion-strong community to report content that violates its advertising policies.
Giving bitcoins as a 'gift' new fad among investors to escape taxes
Fri, Jan 26, 2018
People may have been easily gaming the system to avoid taxes as no transparent rules are there to follow, said an expert.
Has Bitcoin entered into 'Bubble phase'?
Wed, Jan 24, 2018
Bitcoin was available for trading since 2009, but it stole limelight in 2017 when it shot up to near $20,000.
India sends tax notices to cryptocurrency investors as trading hits $3.5 billion
Fri, Jan 19, 2018
India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.
Bitcoin crashes below $10,000 as regulatory fears dampen crypto bulls
Thu, Jan 18, 2018
Bitcoin fell as much as 20 per cent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills due to investor fears that regulators could clamp down on them in an effort to curb speculation.
Bitcoin jolted by regulation worries, falls 7% on extended selloff
Wed, Jan 17, 2018
Tuesday`s decline followed reports that South Korea`s finance minister had said banning trading in cryptocurrencies was still an option and that the government plans a set of measures to clamp down on the "irrational" cryptocurrency investment craze.
80% of Bitcoin mined; charm for this cryptocurrency still persists
Tue, Jan 16, 2018
Available for trading since 2009, Bitcoin has a fixed supply capped at 21 million.
Will Reliance Jio launch JioCoin? Here’s what you need to know
Fri, Jan 12, 2018
Jio may be planning to hire 50 young professionals with average age of 25 years for Akash Ambani, son of Mukesh Ambani, to lead.
Bitcoin loses it's luster; will 2018 belong to other cryptocurrencies?
Wed, Jan 10, 2018
Performance of Bitcoin has been so volatile that it is very difficult for analysts to catch real sense of its valuation.
Cryptocurrency may be getting quietly channelled to North Korea university - report
Tue, Jan 09, 2018
The application, which was created on Dec. 24, uses host computers to mine a cryptocurrency called Monero. It then sends any coins to Kim Il Sung University in Pyongyang, said cybersecurity firm AlienVault, which examined the program.
Bitcoin is an asset, not a currency: Israel's central bank
Mon, Jan 08, 2018
Israel`s central bank said on Monday it would not recognise virtual currencies such as bitcoin as actual currency and that it was difficult to devise regulations to monitor the risks of such activity to the country`s banks and their clients.
Will Ripple be the new hot cryptocurrency in 2018?
Fri, Jan 05, 2018
The year 2017 was all about Bitcoin, but another cryptocurrency has found investors' love as the world entered into the year 2018. The new digital coin, Ripple, after touching new heighs has now become the second most valued virtual currency after Bitcoin.
India's first bitcoin trading app launched
Thu, Dec 28, 2017
Pluto Exchange Founder and Chief Executive Bharat Verma said his company is all set to launch the country`s first app-based wallet that enables bitcoin transactions using a mobile number.
Will investors use futures markets to put money in Bitcoin?
Thu, Dec 28, 2017
With so much happening around the Bitcoin, many experts defined the coin as an illusion, a mass hallucination just like a soap bubble.
South Korea to impose new curbs on cryptocurrency trading
Thu, Dec 28, 2017
South Korea had previously announced its plan to tax capital gains from cryptocurrency trading