Page 17 - Latest Updates on Bitcoin
RBI has major concerns on cryptocurrencies, flagged it to govt: Governor
The comments come in light of what has been termed as confusing signals from the government on the cryptocurrencies
 "RBI has major concerns on cryptocurrencies, flagged it to govt: Governor")
Bitcoin slide adds to signs of step back in retail trading mania
Bitcoin is about $9,000 below a record of $61,742 set earlier in March
 "Bitcoin slide adds to signs of step back in retail trading mania")
Top headlines: Govt likely to resume IBC filings, Tesla now accepts Bitcoin
Business Standard brings you top news of the day
 "Top headlines: Govt likely to resume IBC filings, Tesla now accepts Bitcoin")
Elon Musk says Tesla vehicles can now be purchased using bitcoin
The option will be available outside the United States later this year
 "Elon Musk says Tesla vehicles can now be purchased using bitcoin")
India's proposed ban on cryptocurrencies not in line with major countries
In most major countries and blocs, regulators treat cryptocurrencies as assets and gains in these are taxed like financial transactions
 "India's proposed ban on cryptocurrencies not in line with major countries")
Govt considers blocking IP addresses of cryptocurrency exchanges
Two months ago, the government had said it intended to bring a Bill to ban private cryptocurrencies and introduce India's own digital currency in line with what China and other countries had done
 "Govt considers blocking IP addresses of cryptocurrency exchanges")
Nascent but growing crypto-universe under threat from proposed crypto ban
There is, however, some confidence that the Centre will allow, rather, promote, innovations around blockchain, the underlying technology for Bitcoin
 "Nascent but growing crypto-universe under threat from proposed crypto ban")
Decoded: What is a cryptocurrency and how does a blockchain work?
It's a virtual currency. Every crypto-coin is a unique code, like the serial number on a banknote
 "Decoded: What is a cryptocurrency and how does a blockchain work?")
Why a ban on cryptocurrency could have dire consequences for India
Just like its disastrous predecessor - demonetisation - banning cryptocurrency to fight "black money" would be like setting fire to the forest in order to smoke out a few sheep
 "Why a ban on cryptocurrency could have dire consequences for India")
ZebPay expects $2 bn-worth trades per month as crypto fever grips India
India had banned banks and other regulated entities from supporting crypto transactions in 2018. The Supreme Court removed the curbs last year in response to a petition by cryptocurrency exchanges
 "ZebPay expects $2 bn-worth trades per month as crypto fever grips India")
Morgan Stanley becomes first major US bank to offer access to bitcoin funds
In an internal memo, the bank told its financial advisers it would launch access to three funds allowing ownership of Bitcoin
 "Morgan Stanley becomes first major US bank to offer access to bitcoin funds")
Cryptocurrency inflows hit record high of $4.2 billion, CoinShares says
By Gertrude Chavez-Dreyfuss
Uncertainty around India's crypto policy is making blockchain firms anxious
Bureaucrats say they want blockchain, but not cryptocurrencies. It's as silly as wanting airports with duty-free shops but no flights
 "Uncertainty around India's crypto policy is making blockchain firms anxious")
Cyptocurrency trading frenzy fuels boom of Bitcoin ATMs in parts of US
Bitcoin's growing popularity has been the primary driver for new installations
 "Cyptocurrency trading frenzy fuels boom of Bitcoin ATMs in parts of US")
Bitcoin takes breather around $60,000 after retreat from record $62,000
The world's most popular cryptocurrency slipped as low as $58,956.90 early in the Asian session, falling from Saturday's record high of $61,781.83
India to propose cryptocurrency ban, penalising miners, traders: Report
Officials are confident of getting the bill enacted into law as Prime Minister Narendra Modi's government holds a comfortable majority in parliament
An unknown Indian-origin crypto investor buys an artwork for $69.3 mn
Various media reports cited that Metakova is a pseudonym of the investor, which means King of Meta in the Tamil language
India will not 'shut off' all cryptocurrency, wants blockchain: Sitharaman
Bitcoin, the world's biggest and earlier cryptocurrency, has crossed a record high of $60,000.
 "India will not 'shut off' all cryptocurrency, wants blockchain: Sitharaman")
At $61k, Bitcoin hits another record, leaves other asset classes trailing
Bitcoin is up about 1,000% in the past year amid signs of increasing institutional interest as well as speculative demand
 "At $61k, Bitcoin hits another record, leaves other asset classes trailing")
Bitcoin hits record high; trades as high as $59,755 on Saturday
The cryptocurrency has been on a tear in recent months
 "Bitcoin hits record high; trades as high as $59,755 on Saturday")
