If the steady rise in its price continues, by the end of the month, bitcoin is expected to climb to $10,000 which it last touched on March 8
The Delhi High Court has sought the response of the Centre, the RBI and the GST Council on a plea challenging a circular which prohibits banks and financial institutions from providing any service in relation to virtual currencies such as 'cryptocurrencies'.
The Filipino senator is also the 20th highest paid athlete of all time, according to a list released by Forbes last year
Katrín Jakobsdóttir, Icelandic Prime Minister was flying to Sweden to meet Indian PM Narendra Modi
Earlier, Shiller had completely denounced the cryptocurrency market and said that bitcoin was the best example of bubble happening currently
The company in the FIR lodged with Delhi Police said that since the private keys to the wallet are with Saxena, he might have a role in the alleged crime
Vietnamese authorities have started the clampdown on cryptocurrencies in the country
Vietnam has vowed to tighten regulations on cryptocurrencies as authorities investigate an alleged multi-million-dollar fraud in the country, where digital units are traded in a shadowy and unregulated market.
The global market for blockchain related products and services is expected to reach $7.7 billion in 2022
Startups like Unocoin, Coinsecure and Zebpay have expressed their reservations with the order and going by the statements they considering to mount a legal challenge in the Supreme Court
Many of them have already approached their advisers and are working on various tax structures.
Officials said the SIT recently held a meeting in the national capital during which it was briefed about the overall scenario of the operations of this virtual currency in the country.
Services such as maintaining accounts, registering, trading, settling, clearing, giving loans against virtual tokens, accepting them as collateral etc have been barred by RBI.
Govts and financial institutions globally are looking at ways to minimise misuse of virtual and cryptocurrencies by criminals
Many startups have emerged in the country after surge in bitcoin's popularity
The victims of the accused conman hailed primarily from Mumbai, Pune, Nanded and Kolhapur.
The director of an online multi-level marketing company and his brother have been arrested from Delhi today in connection with an alleged multi-crore bitcoin ponzi scheme, a senior Pune police officer said.
“It has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling VCs,” it said.
The McAfee Crypto Team which runs and maintains promotional activities on behalf of John McAfee said that over 90 percent of the companies desiring to avail the services are turned down
The extreme step was prompted largely because a majority of mining extensions submitted to the Chrome Web Store failed to comply with its sole-usage policy
The world’s most valuable cryptocurrency opened the first quarter at $14,112 and closed it at $6,973, reaching a quarter high of $16,537 on January 8
Ethereum dropped over 11 percent and Ripple slumped by over 10 percent in last 24 hours and the digital currencies trading at USD 464 and USD 0.57 at the time of reporting
The prohibition will cover advertising of initial coin offerings (ICOs) - crowdfunding used to raise cash by creating new coins - as well as token sales and crypto-wallet services, San-Francisco-based firm told Reuters.
“Cryptocurrencies are volatile in nature. Retail users should be aware of risks, should not invest all their saving in cryptos and to start with invest very small portions.”
The board of California Software Company on Friday approved a joint venture proposal submitted by Infinia solutions and Services to launch ICO, 'i-Cryptocurrency' and ‘i-Digital Tokens and Coins'.