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Indians' 'immense trust' in fintech must be respected, says PM Modi

PM calls fintech a 'revolution that helps to achieve financial empowerment of every single citizen of the country'.

Where does India stand on central bank digital currency?

Sixteen of the 90 countries in the world are in the pilot stage of central bank digital currencies

Indian investor paid $69.3 mn for an NFT so you can download it for free

The blockbuster price he paid helped bring attention to the burgeoning market for NFTs

Bill on cryptocurrency after Cabinet nod, says FM Nirmala Sitharaman

The government had also listed a similar Bill for the last Parliament session (monsoon) but it was not taken up.

Banning all cryptocurrencies unwise move, regulation needed: ORF report

Cryptocurrencies need to be regulated like any other financial asset and it would be unwise for India to ban private crypto assets, a study released by Observer Research Foundation said

FM says Crypto Bill will be introduced in Parliament after Cabinet nod

'We are not considering a ban on the advertisements, but we've been taking steps to caution the public through RBI and SEBI,' says Nirmala Sitharaman

Best of BS Opinion: Risks in crypto-assets, challenge for Akasa and more

Here are the best of BS Opinion pieces of the day

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 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

Sensex ends off day's high, up 154pts, Nifty 28pts; RIL, IT stocks gain

The broader indices lagged in trade on Monday. The BSE Midcap and Smallcap indices ended with losses of 0.9 per cent and 1.9 per cent, respectively

HC directs Centre to inform it about introduction of bill on cryptocurrency

The court was hearing a public interest litigation seeking directions to the central government to formulate laws to govern the use and trade of cryptocurrency

RBI wants digital currency included under definition of 'bank note': FinMin

RBI is working out a phased implementation strategy for introduction of Central Bank Digital Currency with little or no disruption

Best of BS Opinion: An open letter to PM, cryptocurrency regulation & more

Here are the best of BS Opinion pieces of the day

Cryptocurrency exchange Coinstore enters India despite pending trade curbs

Coinstore has launched its web and app platform and plans branches in Bangalore, New Delhi and Mumbai

With Farm Laws Repeal Bill & crypto on agenda, winter session begins today

There are 10 economic Bills that are slated for the upcoming session

How to regulate cryptocurrencies

A systematic approach to designing the correct regulatory strategy

In India crypto won't be the first case of privately issued currencies

Since no one knows exactly what effect these privately issued currencies will have, the government is planning to pass a law on them in the forthcoming winter session of Parliament

Bitcoin tumbles nearly 8% as new coronavirus variant shakes markets

Smaller coins, which tend to move in tandem with bitcoin, also fell

Cryptocurrency firms mull moving offshore amid ban buzz in India

Several NFT platforms said they would not need to shut shop in the case of a ban

Cryptocurrency is here to stay, says Paytm founder Vijay Shekhar Sharma

Sharma said it is being used in a speculative manner now