Jun 02, 2021 08:52 AM IST
Governments and central banks may work symbiotically with commercial banks to challenge large tech, e-commerce and fintech companies as well as cryptocurrencies from dominating the payments settlement space
- Jun 01, 2021 10:50 AM IST
Positive regulation is going to tremendously help the adoption of this digital asset. With regulation, and adoption, the cryptocurrency market will become mature and mainstreamed
- May 28, 2021 01:03 PM IST
The crypto asset market in India is worth $15 billion, and currently has about 6 million users
- Apr 27, 2021 05:19 PM IST
Global central banks are experimenting with digital payment offerings, fuelling concerns that the Fed might fall behind the curve
- Apr 12, 2021 09:45 AM IST
The Chinese policymakers realise that even if China is on top of the world economic order, it is highly likely that the USD will maintain its dominance
- Mar 14, 2021 10:50 PM IST
Finance Minister Nirmala Sitharaman said since financial technology (fintech) companies depend on blockchain, which are considered to be backbone of cryptocurrencies, they should have a window available.
- Feb 28, 2021 03:38 PM IST
The RBI observed that CBDC can be designed to endorse financial inclusion by direct benefit transfer, endorse non-anonymity at a personal level and regulate transactions. Adding more, the RBI added that CBDC can help pump central bank ‘helicopter money’.
- Feb 26, 2021 11:07 AM IST
Bitcoin is the world’s first decentralised cryptocurrency. Since its launch in 2009, Bitcoin’s prices have both hit the roof and rock bottom multiple times. In this segment, our very own Anand Narasimhan explains the concept of digital currency and concerns surrounding Bitcoin. Watch the video for more.
- Jan 30, 2021 10:48 PM IST
The Regulation of Official Digital Currency Bill, 2021 is likely to be introduced in the Budget Session of Parliament. The bill, if passed, will prohibit the use of cryptocurrency as legal tender and currency.
- Jan 25, 2021 06:43 PM IST
In India, the regulators and governments have been sceptical about these currencies and are apprehensive about the associated risks.
- Jan 07, 2021 08:14 PM IST
In the early hours of Thursday, the digital coin hit an all time high of $38,169 by rising 6 percent and quadrupled in the past year. The digital currency was trading above $35,000 for the first time in Asia on Wednesday, rising to a high of $35,879.
- Dec 07, 2020 10:48 PM IST
German Finance Minister Olaf Scholz issued a sharply worded statement after the meeting, underscoring his concerns about authorizing the launch of Facebook's Libra cryptocurrency - newly renamed Diem - in Germany and Europe.
- May 12, 2020 03:28 PM IST
While the Libra Association has come out with a new digital currency, expect authorities running fiat currencies to continue their criticism
- Mar 06, 2020 09:08 AM IST
With the Supreme Court striking down the RBI order banning virtual currencies, it’s time for the digital payments and virtual currency businesses to start working together
- Dec 04, 2019 11:53 AM IST
From a hands-off approach to a gradual embrace, central banks are fighting a pitched battle to assert their digital monetary supremacy
- Oct 24, 2019 07:50 AM IST
Sporting a suit and tie, Zuckerberg also fended off aggressive questions on election interference, free speech, hate groups and fake news from members of the U.S. House of Representatives Financial Services Committee.
- Sep 20, 2018 03:50 PM IST
The exchange was taken offline until details of the damage could be confirmed, and efforts were underway to get it back working, Tech Bureau said.
- Jun 29, 2018 10:24 AM IST
Blockchain, the technology that underpins bitcoin and other digital currencies, is a digital ledger that provides a secure way of making and recording transactions.
- Mar 04, 2018 09:45 AM IST
The Pacific island nation said it became the first country in the world to recognise a cryptocurrency as its legal tender when it passed a law this past week to create the digital "Sovereign," or SOV. In the nation of 60,000, the cryptocurrency will have equal status with the US dollar as a form of payment.
- Feb 06, 2018 08:07 AM IST
On the Luxembourg-based Bitstamp exchange, bitcoin fell as low as $6,853.53 in early afternoon trading in New York. That marked a fall of more than half from a peak of almost $20,000 hit in December.
- Jan 31, 2018 07:25 PM IST
Digital currencies like bitcoin, which are created and maintained by their users, have taken the investment world by storm
- Jan 17, 2018 08:08 AM IST
All of the top 20 digital currencies — by market value — suffered double digit losses over the last 24 hours, according to data from industry website CoinMarketCap.
- Dec 04, 2017 08:00 AM IST
It will be called the Petro and be backed up by Venezuela's reserves of oil and gas and its gold and diamond holdings, the president said in his weekly television program.
- May 09, 2017 10:23 PM IST
Sandeep Goenka, co-founder of Zebpay predicts bitcoin prices to be in the range of USD 2,500 to USD 3,500 by the end of 2017.
- Mar 28, 2017 07:07 PM IST
The RBI had earlier warned that anyone dealing with virtual currencies would be doing so at his/her own risk.