Business Standard

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California moves to consider adoption and regulation of digital currencies

Gov. Gavin Newsom signed an executive order for state agencies to move in tandem with the federal government to craft regulations for digital currencies

California moves to consider adoption and regulation of digital currencies
Updated On : 05 May 2022 | 9:00 AM IST

US doubles down on efforts to fight rising cryptocurrency frauds

Cryptocurrency scammers netted $7.7 billion worth of cryptocurrency from victims in 2021, an 81 per cent rise in losses compared to last year.

US doubles down on efforts to fight rising cryptocurrency frauds
Updated On : 04 May 2022 | 10:51 AM IST

Now, Central African Republic says Bitcoin is its official currency

The country is following the lead of El Salvador, which in September became the first nation to introduce Bitcoin as legal tender

Now, Central African Republic says Bitcoin is its official currency
Updated On : 29 Apr 2022 | 1:14 AM IST

India will adopt a considered view on crypto: FM Nirmala Sitharaman

The decision on crypto will not be rushed through, she said in an interaction at Stanford University.

India will adopt a considered view on crypto: FM Nirmala Sitharaman
Updated On : 28 Apr 2022 | 1:37 AM IST

Cryptoverse: Ether prepares for epic 'merge' in quest to eclipse bitcoin

The anticipation had supported ether this year, even as inflation and monetary tightening shackled bitcoin

Cryptoverse: Ether prepares for epic 'merge' in quest to eclipse bitcoin
Updated On : 26 Apr 2022 | 1:08 PM IST

Bitcoin touches six-week low amid risk-off mood; Ether slumps to $2,799

The second-biggest coin, Ether, slumped to $2,799, a level not seen since March 18

Bitcoin touches six-week low amid risk-off mood; Ether slumps to $2,799
Updated On : 25 Apr 2022 | 11:41 PM IST

Coinbase CEO Armstrong calls out Apple's 'potential antitrust issues'

Cryptocurrency exchange Coinbase's CEO and co-founder Brian Armstrong has called out Apple over "potential antitrust issues" in a recent episode of the Superstream Podcast.

Coinbase CEO Armstrong calls out Apple's 'potential antitrust issues'
Updated On : 23 Apr 2022 | 3:44 PM IST
Updated On : 22 Apr 2022 | 12:37 PM IST

Coinbase unveils NFT marketplace with an eye on growth, revival

A trial version of its long-awaited platform - designed to sell ownership of digital art and possibly other items - was unveiled on Wednesday

Coinbase unveils NFT marketplace with an eye on growth, revival
Updated On : 20 Apr 2022 | 11:31 PM IST

Regulating crypto assets, digital currency India's priorities: IMF official

Regulating crypto assets and digital currency, addressing remaining regulatory concerns in banking and integrating with the global economy are among the few mid-term structural issues for India

Regulating crypto assets, digital currency India's priorities: IMF official
Updated On : 20 Apr 2022 | 8:46 AM IST

New gold-backed crypto shines amid Ukraine war, inflation led global gloom

By contrast, bitcoin has lost over 13% and ether is down 20%

New gold-backed crypto shines amid Ukraine war, inflation led global gloom
Updated On : 19 Apr 2022 | 11:06 PM IST

Companies are useless in decentralised world of Web3: Harsh Rajat of EPNS

In a Q&A, company's co-founder talks about starting the company amid the pandemic, the financial machinations of Web3 organisations and his vision for the future of his firm

Companies are useless in decentralised world of Web3: Harsh Rajat of EPNS
Updated On : 19 Apr 2022 | 9:26 PM IST

Crypto exchange CoinDCX raises $135 mn in funding as valuation tops $2 bn

CoinDCX aims to triple its staff to over 1,000 employees by the end of 2022

Crypto exchange CoinDCX raises $135 mn in funding as valuation tops $2 bn
Updated On : 19 Apr 2022 | 11:40 AM IST

RBI turns net purchaser of US currency in February, buys $771 mn

In the reporting month, the central bank bought $5.946 billion and sold $5.175 billion in the spot market, RBI said in its monthly bulletin for April 2022

RBI turns net purchaser of US currency in February, buys $771 mn
Updated On : 18 Apr 2022 | 10:52 PM IST

Cryptocurrency payments are frozen across India, hitting trading

Daily trading volumes on Indian crypto exchanges, which collectively cater to about 15 million people, has tumbled by between 88% and 96% since peaking last year, data from CoinGecko show

Cryptocurrency payments are frozen across India, hitting trading
Updated On : 18 Apr 2022 | 1:31 PM IST

CBDC likely to pose risks for financial stability, says World Bank

CBDC differs from traditional central bank money in that it can be digitally created and recorded on centralised or decentralised ledgers

CBDC likely to pose risks for financial stability, says World Bank
Updated On : 15 Apr 2022 | 12:23 AM IST

Nexo and Mastercard launch 'world first' crypto-backed payment card

It signals the latest move by crypto and incumbent financial networks to join forces as digital assets become more mainstream

Nexo and Mastercard launch 'world first' crypto-backed payment card
Updated On : 13 Apr 2022 | 5:02 PM IST

Crypto firm MoonPay raises $87 mn from Bieber, Sharapova, others

The investments are part of the firm's Series A round, disclosed in November last year, which valued the company at $3.4 billion, MoonPay said

Crypto firm MoonPay raises $87 mn from Bieber, Sharapova, others
Updated On : 13 Apr 2022 | 4:38 PM IST

Indian crypto exchanges block deposits via state-backed system, stir alarm

The decision by CoinSwitch to halt UPI acceptance resulted from "regulatory uncertainty" after the NPCI statement.

Indian crypto exchanges block deposits via state-backed system, stir alarm
Updated On : 13 Apr 2022 | 12:09 PM IST
Updated On : 12 Apr 2022 | 11:30 PM IST