The committee on ECF was set up by the central bank in December last year and was expected to submit its report within 90 days from the date of its first meeting.
The idea is to reward users with cryptocurrency for watching advertisements.
Cryptocurrencies by their very nature cannot be regulated. The Supreme Court should resist the urge to get involved
Gerald Cotten died aged 30 from complications with Crohn's disease while volunteering at an orphanage in India, according to the Facebook page of Quadriga CX, which announced his death on January 14.
While there is no formal declaration by the Indian government on the legalisation of cryptocurrencies, the response has made it clear the government is planning to regulate them
The unit, as per the report, has been operational for a month and already being overseen by a manager.
Legal experts, however, argue that this system of paying for bail by using cryptocurrency may not work in the future.
Michael Terpin alleged the tokens were stolen on January 7, 2018, using what he called a "digital identity theft" of his cellphone account, and AT&T was his service provider.
A new form of crypto-jacking is spreading across companies in countries like India, Brazil, Colombia and Turkey according to researchers at Kaspersky Labs.
Turkish exchange Koinim has reported a 63% rise in Bitcoin trading volume, while BTCTurk and Paribu have said that their volumes are up 35% and 100%, respectively
The 'Coinhive' crypto mining software was installed on all these devices through the infected routers in a large-scale attack carried out in July.
The paper argues that “high investor attention predicts high future returns over a 1-2 week horizon for Bitcoin, a one-week horizon for Ripple (XRP), and 1-6 week horizon for Ethereum."
The SEC is slated to give its final decision on the VanEck-SolidX proposal during late February 2019.
Shatner, who resides in California, said he will visit the facility when its construction is completed
In a letter the FCA suggested that the financial market, especially banks, need to increase their reviewing measures for customers using cryptocurrencies.
Niti Aayog has been tasked with bringing in blockchain solutions as part of an initiative called IndiaChain.
In a report on fintech and banks of the future, it said cryptocurrencies threaten payments providers who charge a commission of up to 7.2 percent but the price volatilities and regulatory clampdown is an impediment.
Attackers are taking advantage of the increased interest in cryptocurrencies for monetary gain and use mechanisms like exploits, phishing and spam campaigns, adware, drive by download, etc to increase their outreach and maximize profit.
Under the new policy, the company will ban ads for unregulated or speculative financial products like binary options, cryptocurrency and financial spread betting among others.
Tyagi, who is part of the committee formed by the government to examine the pros and cons of virtual currencies (VCs), including launching an own cryptocurrency, said that a policy in this regard should come out first and then only the role of Sebi can be outlined.
A panel set by the government to look into issues relating to cryptocurrencies is expected to submit its report in the current fiscal year, ending on March 31, S.C. Garg, Economic Affairs Secretary, told CNBC TV18 news channel.
Exchange platforms dealing in controversial cryptocurrencies like Bitcoins today asserted that it's "business as usual" hours after Finance Minister Arun Jaitley declared such instruments as illegal.
Gold is less volatile, has a more liquid market, traded in an established regulatory framework and has little overlap with cryptocurrencies on sources of demand/supply, says WGC.
The hackers on Saturday hijacked the server that hosts BlackWallet, a web-based wallet application that stores lumens, and stole 669,920 from users' accounts, the BBC reported.
The Bitcoin value, that had rose up to 1500 percent by the end of last year, has fallen drastically since then