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Modi bats for joint efforts to shape global norms for social media, cryptos

Modi on Friday called for united efforts to shape global norms for emerging technologies like social media and cryptocurrencies so that they are used to "empower" democracy and not to "undermine" it

Treat crypto or digital tokens as securities of special class, says CII

Crypto or digital tokens should be treated as securities of a special class to which the provisions of existing securities regulations will not apply, CII said in a statement.

Crypto may erode central bank's control over money supply: Former RBI Guv

Rao, who served as the governor of RBI from 2008 to 2013, said the central bank digital currency also needs robust data protection laws

Cyber security, frauds main concerns with digital currency: RBI

The RBI had earlier this year announced that it has started work on a central bank digital currency

Facebook Messenger chief announces to quit Meta in Q2 of next fiscal

Meta's current chief of the Messenger division, Stan Chudnovsky, has announced that he will be leaving the company "at some point in Q2 of next year.

India is said to consider capital markets regulator for cryptos: Report

Govt is also likely to give crypto holders a deadline to declare assets, say sources

Proposed India bill banning crypto payments could mean jail for violations

While no official data is available, industry estimates suggest there are some 15-20 mn crypto investors in India, with total crypto holdings of roughly Rs 45,000 cr

No plans to boost cryptocurrency sector in India, FinMin tells Lok Sabha

The RBI has been examining use cases and working out a phased implementation strategy for introduction of CBDC with little or no disruption

ITMYNFT launches NFT cross-chain marketplace and token sale

Web 3.0, blockchain can add $1.1 tn to India's GDP by 2032: Report

Digital asset market capitalisation was nearly $1.5 billion in 2013, and stands at about $3 trillion today

Bitcoin below $50,000, at early October levels, after weekend's battering

Traders said the weekend fall was connected with the broad move away from riskier assets in traditional markets over worries about the Omicron variant

LIVE: Over 30 mn income tax returns for current fiscal filed, says FinMin

Live news: India's eastern coast braces for a weakened cyclone Jawad; Nirmala Sitharaman says legislation will regulate crypto.

A well-consulted Crypto Bill will come in Parliament after Cabinet nod: FM

Earlier this week, Sitharaman said the new bill takes into account the rapidly changing dimensions in virtual currency space, and incorporates features of the earlier bill that could not be taken up

Bitcoin falls by a fifth, cryptos see $1 billion worth liquidated

Bitcoin was 12% down at 0920 GMT at $47,495

Bitcoin plunges over 20% in another sign of global market nerves

The largest digital token fell as low as $42,296 before paring some of the tumble

India adopting most progressive data protection, crypto laws: Mukesh Ambani

Ambani, who owns Reliance Jio, India's largest mobile service provider, also lent support to blockchain and real time tech to improve financial access

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

Hackers steal $120 mn in crypto from Blockchain-based DeFi platform

According to reports, someone inserted a malicious script in the user interface (UI) of their website

I believe in blockchain tech and this is different from crypto: Ambani

Blockchain is very important for a trust-based, equitable society, says RIL chairman at the InFinity Forum

Need collective global action for effective regulation of tech: Sitharaman

Nirmala Sitharaman on Friday called for a "collective global action" for effective regulation of ever-changing technology and tech-driven payment systems.