Jul 19, 2021 06:34 PM IST
Per an ED official, “Since cash has crossed borders, the regulation of the land applies and one must make certain that this cash isn’t low-cost cash (low-interest loan) or soiled cash (employed for unlawful actions)”
- May 21, 2021 02:34 PM IST
CoinSwitch was founded in 2017 as a global aggregator of cryptocurrencies and in June 2020 it launched its Indian cryptocurrency exchange CoinSwitch Kuber.
- May 04, 2021 02:33 PM IST
Currently, Indians hold cryptocurrencies to the value of Rs 10,000 crore. As such, imposing a blanket ban on the asset class has been contested by a majority of industry experts.
- Apr 15, 2021 11:31 AM IST
We are seeing investors go beyond FAANG companies, it was popular initially when we launched and when investors just wanted to get some global exposure, says Bharathwaj.
- Mar 26, 2021 12:03 PM IST
Bitcoin has already become an asset class in India. There are more than 1 cr people holding the crypto in India. We have seen $1 bn of turnover, and we have seen a global surge in Bitcoin investments primarily because it is seen as a hedge, says Lathia.
- Aug 23, 2018 07:31 PM IST
Restrictions aimed at straitjacketing virtual currencies have had the reverse impact. Despite a correction in the price of most cryptocurrencies, transactions have gone up substantially in both volume and value after the RBI’s April circular
- Apr 06, 2018 05:04 PM IST
Many startups have emerged in the country after surge in bitcoin's popularity