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Pak central bank panel recommends complete ban on cryptocurrency

A panel of Pakistan's central bank has recommended a complete ban on cryptocurrency and other related activities in the country

Coinbase buys futures exchange FairX for crypto derivatives push in US

Already registered with US regulators, the firm could give Coinbase the edge it needs in getting a derivatives marketplace up and running.

Crypto prices moving in sync with stocks, posing systemic risks

Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution, raising financial stability concerns

Softbank-backed Brazilian crypto firm acquires Portuguese exchange

The Brazilian firm, valued at roughly $2.2 billion, declined to disclose the terms of the acquisition, but said the transaction is pending approval with Banco de Portugal, the nation's central bank.

Digital cash can prevent accidents on the $19 trillion FX highway

CLS is good at preventing mishaps in the foreign-exchange market. The trouble is, it handles only 18 major currencies

Cryptocurrencies post record outflows in first week of 2022: Report

Cryptocurrency investment products and funds had net outflows last week totaling a record $207 million, a report said

Victims of $200 mn BitMart cryptocurrency hack still waiting for refunds

Victims of a $200 million hack of popular cryptocurrency exchange BitMart are still waiting for their money even after over a month since the exchange was hacked.

Crypto bloodbath: Bitcoin ETF goes from boom to bust after record US debut

With a 30% drop, the ProShares Bitcoin Strategy exchange-traded fund, ticker BITO, is now one of many 10 worst performers

Pakistan issues notice to cryptocurrency exchange in $100-mn scam

Pakistan's Federal Investigation Agency (FIA) said that it had issued a notice to Binance

Top headlines: Quarantine for flyers from abroad, CCI probe against Google

India climb up the ladder of emerging tech patents, shows data. More in today's top headlines

Bitcoin slumps to lowest since Sept; down 40% from Nov high of $69K

The largest cryptocurrency declined as much as 4.9 per cent to $41,008

Bitcoin drops to 3 month-low after US Fed signals interest rate hike

Bitcoin declined to three-month lows on Friday as minutes of the latest US Federal Reserve meeting raised possibility the central bank could boost interest rates as soon as March, Barrons reported.

Bitcoin slips ahead of hunt for rate clues in US payrolls

The MSCI All Country stock index was flat at 744.71 points, also down 2% from a record high on Tuesday

Polytrade announces listing on cryptocurrency exchange CoinDCX

Polytrade MD and founder Piyush Gupta said this has come as a giant leap towards the compay's goal of providing real-world borrowers access to low interest and swift financing

Bitcoin, ether near multi-month lows following hawkish Fed minutes

The world's largest cryptocurrency was last at $42,700, down 1.7%, having lost 5.2% on Wednesday. A break below last month's trough of $42,000 would make it the weakest since September

Cryptocurrencies see outflows in final week of 2021: CoinShares data

The final week of 2021 saw a third straight week of investment outflows from cryptocurrency funds, data from digital currency manager CoinShares showed.

Bitcoin could reach $100k if it replaces gold as store of value: Goldman

Goldman estimates that Bitcoin's float-adjusted market capitalization is just under $700 billion

Cryptocurrency service providers seek clarity on taxation

The leading Cryptocurrency exchange WazirX, which has been a major focus of the DGGI crackdown, has paid Rs 49.2 crore as GST with interest and penalty

What does a GST probe against exchanges mean for crypto taxation?

The Directorate General of GST Intelligence recently launched a probe over alleged GST evasion against crypto exchanges. Will this nudge the govt to put a regulatory framework for cryptocurrencies?

TMS Ep79: Real estate, WazirX GST probe, FMCG stocks, home loan rates

Will omicron impact the real estate sector? What are the lessons from the GST probe against WazirX? Stock-price correction awaits FMCG? What to consider while taking a home loan? All answers here