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80 Results Found
  • Centre may bring in law to ban cryptocurrencies in India: Report Jun 12, 2020 09:17 PM IST

    Centre may bring in law to ban cryptocurrencies in India: Report

    RBI’s 2018 circular prohibited banks and financial institutions from dealing in or providing services related to cryptocurrencies

  • Bitcoin plummets as cryptocurrencies suffer in market turmoil Mar 13, 2020 09:28 AM IST

    Bitcoin plummets as cryptocurrencies suffer in market turmoil

    The biggest cryptocurrency slumped as much as 25% during morning trading before clawing back some of its losses. It was last down 22% at $6,206, heading for its biggest daily loss in five years.

  • Crypto back on track? SC allows banks to provide cryptocurrency services; sets aside RBI prohibitions Mar 04, 2020 11:16 AM IST

    Crypto back on track? SC allows banks to provide cryptocurrency services; sets aside RBI prohibitions

    In a 2018 circular, the Reserve Bank of India (RBI) had stated it does not consider VCs such as Bitcoin as 'legal tender'

  • Cyptocurrency not banned in India, RBI says in Supreme Court Jan 21, 2020 10:13 AM IST

    Cyptocurrency not banned in India, RBI says in Supreme Court

    The statement was in an affidavit filed with the SC against a petition filed by the Internet and Mobile Association of India (IAMAI).

  • Economic capital framework report still being finalised: Finance Secretary Subhash Chandra Garg May 30, 2019 07:21 PM IST

    Economic capital framework report still being finalised: Finance Secretary Subhash Chandra Garg

    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.

  • Facebook plans in-house cryptocurrency payment service: Report May 03, 2019 12:05 PM IST

    Facebook plans in-house cryptocurrency payment service: Report

    The idea is to reward users with cryptocurrency for watching advertisements.

  • Opinion | Treat Bitcoins as shiny new toys, nothing more Mar 04, 2019 10:55 AM IST

    Opinion | Treat Bitcoins as shiny new toys, nothing more

    Cryptocurrencies by their very nature cannot be regulated. The Supreme Court should resist the urge to get involved

  • Millions in cryptocurrencies frozen after Canadian founder's death Feb 06, 2019 07:15 AM IST

    Millions in cryptocurrencies frozen after Canadian founder's death

    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.

  • Cryptocurrencies in India legal, regulation in final stages, reveals RTI query Jan 29, 2019 09:45 AM IST

    Cryptocurrencies in India legal, regulation in final stages, reveals RTI query

    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

  • New RBI unit to track emerging technologies like blockchain: Report Aug 27, 2018 09:44 PM IST

    New RBI unit to track emerging technologies like blockchain: Report

    The unit, as per the report, has been operational for a month and already being overseen by a manager.

  • US court orders an arrested hacker to pay for his bail in cryptocurrency Aug 20, 2018 04:08 PM IST

    US court orders an arrested hacker to pay for his bail in cryptocurrency

    Legal experts, however, argue that this system of paying for bail by using cryptocurrency may not work in the future.

  • US investor sues telecom firm after hackers steal his cryptocurrency tokens worth $24mn Aug 17, 2018 04:26 PM IST

    US investor sues telecom firm after hackers steal his cryptocurrency tokens worth $24mn

    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.

  • Citrix survey: Crypto mining is the new trend in cyber crime Aug 16, 2018 06:19 PM IST

    Citrix survey: Crypto mining is the new trend in cyber crime

    A new form of crypto-jacking is spreading across companies in countries like India, Brazil, Colombia and Turkey according to researchers at Kaspersky Labs.

  • Turkey's cryptocurrency exchanges see surge in volume as Lira tumbles Aug 13, 2018 10:01 PM IST

    Turkey's cryptocurrency exchanges see surge in volume as Lira tumbles

    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

  • Cryptocurrency mining malware installed on over 170,000 devices in Brazil Aug 10, 2018 04:29 PM IST

    Cryptocurrency mining malware installed on over 170,000 devices in Brazil

    The 'Coinhive' crypto mining software was installed on all these devices through the infected routers in a large-scale attack carried out in July.

  • Google search volume can predict price movement of cryptocurrency, suggests study Aug 10, 2018 12:21 PM IST

    Google search volume can predict price movement of cryptocurrency, suggests study

    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."

  • US securities regulator to decide on the fate of nine bitcoin ETFs Aug 09, 2018 05:18 PM IST

    US securities regulator to decide on the fate of nine bitcoin ETFs

    The SEC is slated to give its final decision on the VanEck-SolidX proposal during late February 2019.

  • Star Trek actor William Shatner to represent Canada-based bitcoin mining facility Jun 15, 2018 10:02 PM IST

    Star Trek actor William Shatner to represent Canada-based bitcoin mining facility

    Shatner, who resides in California, said he will visit the facility when its construction is completed

  • UK's Financial Conduct Authority issues warning to banks on cryptocurrency risks Jun 12, 2018 10:30 PM IST

    UK's Financial Conduct Authority issues warning to banks on cryptocurrency risks

    In a letter the FCA suggested that the financial market, especially banks, need to increase their reviewing measures for customers using cryptocurrencies.

  • Podcast | Here’s how the government is planning to utilise blockchain technology May 12, 2018 10:29 AM IST

    Podcast | Here’s how the government is planning to utilise blockchain technology

    Niti Aayog has been tasked with bringing in blockchain solutions as part of an initiative called IndiaChain.

  • Cryptocurrencies to continue facing regulatory hurdles: Moody's Apr 25, 2018 03:57 PM IST

    Cryptocurrencies to continue facing regulatory hurdles: Moody's

    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.

  • Cryptocurrencies are here to stay, but beware of cybercriminals, says FireEye CTO Bryce Boland Apr 24, 2018 10:00 AM IST

    Cryptocurrencies are here to stay, but beware of cybercriminals, says FireEye CTO Bryce Boland

    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.

  • Google to ban ads on cryptocurrencies, related products Mar 14, 2018 11:50 AM IST

    Google to ban ads on cryptocurrencies, related products

    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.

  • Rules on cryptocurrencies should be out soon: Sebi chief Feb 10, 2018 04:40 PM IST

    Rules on cryptocurrencies should be out soon: Sebi chief

    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.

  • India to bar cryptocurrencies from its payments system: Finance ministry official Feb 06, 2018 09:40 AM IST

    India to bar cryptocurrencies from its payments system: Finance ministry official

    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.

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