Page 6 - Latest Updates on Bitcoin
The tech holes that ensure that crypto can never be effectively banned
It is estimated that $1.25 billion worth of cryptocurrency transactions have happened on decentralised finance platforms from India
 "The tech holes that ensure that crypto can never be effectively banned")
No proposal to recognise Bitcoin as a currency: FM Nirmala Sitharaman
The government plans to introduce a Bill in this regard - the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 - in the ongoing session
 "No proposal to recognise Bitcoin as a currency: FM Nirmala Sitharaman")
No proposal to recognise Bitcoin as currency: FM Nirmala Sitharaman
The government plans to introduce a Bill in this regard - the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 - in the ongoing session
 "No proposal to recognise Bitcoin as currency: FM Nirmala Sitharaman")
No proposal to recognise Bitcoin as a currency in India: FM tells Lok Sabha
The government has no proposal to recognise Bitcoin as a currency in the country, Finance Minister Nirmala Sitharaman said in Lok Sabha
 "No proposal to recognise Bitcoin as a currency in India: FM tells Lok Sabha")
Bitcoin tumbles nearly 8% as new coronavirus variant shakes markets
Smaller coins, which tend to move in tandem with bitcoin, also fell
 "Bitcoin tumbles nearly 8% as new coronavirus variant shakes markets")
Banning cryptocurrencies could lead to more unlawful usage: Industry body
BACC's statement comes days after the government listed for introduction in Parliament a bill to ban all private cryptocurrencies, with some exceptions
 "Banning cryptocurrencies could lead to more unlawful usage: Industry body")
India to consider allowing crypto trading for some investors: Report
The discussions come as authorities race to finalize a bill Prime Minister Narendra Modi's government wants to present to parliament in the session starting Nov. 29.
 "India to consider allowing crypto trading for some investors: Report")
Indian govt's plan to ban cryptocurrencies leads to heavy selling
The government will allow only certain cryptocurrencies to promote the underlying technology and its uses, according to a legislative agenda released late on Tuesday
Cryptocurrency Bill among 26 to be introduced in Winter Session
The Bill 'seeks to prohibit all private cryptocurrencies in India however, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses'
 "Cryptocurrency Bill among 26 to be introduced in Winter Session")
Why India needs to adopt crypto
A progressive regulatory framework will create a prosperous crypto ecosystem and expand financial inclusion in the country in a secure, simple, and transparent manner
 "Why India needs to adopt crypto")
Have not invested a single rupee in cryptocurrencies, says Anand Mahindra
The billionaire shared some screen grabs which claimed that he has made tons of money using a cryptocurrency investment platform
 "Have not invested a single rupee in cryptocurrencies, says Anand Mahindra")
BJP, Congress leaders spar over Karnataka Bitcoin scandal
The Bitcoin scandal blame game touched a new low in the state among Karnataka politicians as leading of ruling BJP and opposition Congress indulged in personal attacks
 "BJP, Congress leaders spar over Karnataka Bitcoin scandal")
Bitcoin's recent drop shows acute volatility remains a hallmark
Some analysts say a sharp pullback is normal after prices skyrocketed 40% in October
 "Bitcoin's recent drop shows acute volatility remains a hallmark")
Binance US may raise 'couple hundred million' in funding, says CEO
According to UK researcher CryptoCompare, Binance's spot cryptocurrency trading volumes totalled $789 bn in Sept and $454 bn in July
 "Binance US may raise 'couple hundred million' in funding, says CEO")
Bitcoin falls, heads for worst week in months as Mt Gox payouts loom
Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months
BJP drags Cong leader Siddaramaiah's late son into alleged bitcoin scam
Senior Congress leader Siddaramaiah hit back at the ruling party accusing it of trying to hide its "corruption" and attempting to get personal to pursue "dirty agenda" in politics.
 "BJP drags Cong leader Siddaramaiah's late son into alleged bitcoin scam")
Bitcoin scam: Congress continues attack on ruling BJP in Karnataka
The party once again demanded a judicial probe by a sitting judge
India could bar transactions in crypto, permit holding as assets: Report
India is likely to bar the use of cryptocurrencies for transactions or making payments, but allow them to be held as assets like gold, shares or bonds
 "India could bar transactions in crypto, permit holding as assets: Report")
China warns on cryptocurrency mining, Bitcoin slips over 8%
Global crypto market cap has dropped some 10 % in the past 24 hours, according to CoinGecko.
 "China warns on cryptocurrency mining, Bitcoin slips over 8%")
Bitcoin drops toward $60,000, Ether falls amid broad cryptocurrencies dip
Bitcoin, the largest digital token, was down 4% at about $61,400 as of 1:32 p.m. in Singapore. Second-ranked Ether slid as much as 6.8%.
