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Indian-American among 2 indicted in US for role in crypto money laundering

Two persons, including an Indian-American, have been indicted by a US court for their roles in a cryptocurrency money laundering scheme, the Department of Justice said.

Indian-American among 2 indicted in US for role in crypto money laundering
Updated On : 11 Mar 2022 | 8:58 AM IST

Crypto brain drain is 'crazy' in India, says Polygon co-founder Nailwal

India's dithering on whether to embrace digital assets is causing thousands of developers, investors and entrepreneurs to leave for places with more friendly regulation, said Polygon co-founder

Crypto brain drain is 'crazy' in India, says Polygon co-founder Nailwal
Updated On : 11 Mar 2022 | 6:38 AM IST

Bitcoin drops below $40,000 as Biden-inspired optimism fades

Most of the top cryptocurrencies were down at least slightly in the 24 hours to 4:15 p.m. Hong Kong time

Bitcoin drops below $40,000 as Biden-inspired optimism fades
Updated On : 11 Mar 2022 | 1:41 AM IST

Bitcoin tops $42,000 as Biden kick-starts US cryptocurrency oversight

The largest cryptocurrency rose as much as 10 per cent to $42,427 on Wednesday morning in New York, its highest level since March 2

Bitcoin tops $42,000 as Biden kick-starts US cryptocurrency oversight
Updated On : 10 Mar 2022 | 12:09 AM IST

Bitcoin rallies after Biden signs executive order on digital assets

Biden's order will require the Treasury Department, the Commerce Department and other key agencies to prepare reports on 'the future of money' and the role cryptocurrencies will play

Bitcoin rallies after Biden signs executive order on digital assets
Updated On : 09 Mar 2022 | 9:24 PM IST

President Biden signs order on cryptocurrency as its use explodes

Biden signed an executive order on government oversight of cryptocurrency that urges the Federal Reserve to explore whether the central bank should jump in and create its own digital currency.

President Biden signs order on cryptocurrency as its use explodes
Updated On : 09 Mar 2022 | 7:09 PM IST

Joe Biden expected to sign executive order on cryptocurrency this week

President Joe Biden is expected to sign an executive order on cryptocurrency this week that will mark the first step toward regulating how digital currency is traded

Joe Biden expected to sign executive order on cryptocurrency this week
Updated On : 08 Mar 2022 | 7:24 AM IST

Paresh Maity joins NFT bandwagon, collection to be auctioned on March 4

With five of his paintings going under the hammer on an NFT marketplace on Friday, leading contemporary painter Paresh Maity becomes the new artist dipping his toe into the world of metaverse

Paresh Maity joins NFT bandwagon, collection to be auctioned on March 4
Updated On : 02 Mar 2022 | 4:46 PM IST

Indian founder on the run in global $2.4 bn crypto ponzi scheme

Satish Kumbhani, founder of crypto BitConnect who has been indicted in the US for running a $2.4 billion crypto ponzi scheme, has likely "relocated from India to an unknown location" abroad

Indian founder on the run in global $2.4 bn crypto ponzi scheme
Updated On : 01 Mar 2022 | 4:05 PM IST

BitConnect's indicted founder Satish Kumbhani has disappeared, says SEC

BitConnect used money from new investors to pay earlier ones, the U.S. said.

BitConnect's indicted founder Satish Kumbhani has disappeared, says SEC
Updated On : 01 Mar 2022 | 9:06 AM IST

Ukraine raises over $15 mn in crypto post Russian invasion

These applicants eligible for the waiver are students (F, M, and academic J visas), workers (H-1, H-2, H-3, and individual L visas), Culture and extraordinary ability (O, P, and Q visas).

Ukraine raises over $15 mn in crypto post Russian invasion
Updated On : 27 Feb 2022 | 12:53 PM IST

Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue

Earlier, the global crypto market lost nearly 10 per cent of its value as Russia invaded Ukraine on Thursday

Bitcoin hovers around $39K amid talks of Russia-Ukraine dialogue
Updated On : 26 Feb 2022 | 3:30 PM IST

Indian founder of cryptocurrency company indicted for $2.4 bn fraud

The founder of cryptocurrency investment platform BitConnect, an Indian national, has been indicted on charges of orchestrating a global Ponzi scheme worth $2.4 bn, federal prosecutors said.

Indian founder of cryptocurrency company indicted for $2.4 bn fraud
Updated On : 26 Feb 2022 | 7:46 AM IST

Legal or illegal? SC asks Centre to make its stand clear on Bitcoins

The Reserve Bank of India's order banning banks from supporting crypto transactions, was reversed in March 2020, by the Supreme Court.

Legal or illegal? SC asks Centre to make its stand clear on Bitcoins
Updated On : 26 Feb 2022 | 1:13 AM IST

Russia could use cryptocurrency to blunt the force of US sanctions

Russian companies have many cryptocurrency tools at their disposal to evade sanctions, including a so-called digital ruble and ransomware

Russia could use cryptocurrency to blunt the force of US sanctions
Updated On : 24 Feb 2022 | 3:03 PM IST

Cryptos: Bitcoin, Ether dive as Russia's assault on Ukraine rocks markets

The largest token fell as much as 8.5% to $34,337 after Vladimir Putin's push to demilitarise Ukraine started with a barrage of missile attacks on Thursday

Cryptos: Bitcoin, Ether dive as Russia's assault on Ukraine rocks markets
Updated On : 24 Feb 2022 | 3:00 PM IST

Bharti Airtel acquires strategic stake in Blockchain-tech startup Aqilliz

Bharti Airtel on Thursday announced that it has acquired a strategic stake in Singapore-based Blockchain platform Aqilliz for an undisclosed sum.

Bharti Airtel acquires strategic stake in Blockchain-tech startup Aqilliz
Updated On : 24 Feb 2022 | 11:22 AM IST

ASCI frames guidelines for crypto, NFT-related advertising, promotion

ASCI has clarified that its guidelines should not be read as a legal recognition or endorsement of the industry or sector since that is a matter of government policy

ASCI frames guidelines for crypto, NFT-related advertising, promotion
Updated On : 23 Feb 2022 | 11:25 PM IST

RBI's views might have delayed crypto bill: Deputy Governor Michael Patra

The government had plans to introduce a bill on cryptocurrencies like Bitcoin during the Winter Session of Parliament in November-December 2021 but did not introduce it

RBI's views might have delayed crypto bill: Deputy Governor Michael Patra
Updated On : 23 Feb 2022 | 8:06 PM IST

Advertisers must put disclaimers for highly risky cryptos from Apr 1: ASCI

The guidelines say advertisers will have to carry the disclaimer - "crypto products and NFTs are unregulated and can be highly risky

Advertisers must put disclaimers for highly risky cryptos from Apr 1: ASCI
Updated On : 23 Feb 2022 | 1:46 PM IST