Page 10 - Cryptocurrencies

RBI has serious and major concerns on cryptocurrencies: Governor Das

RBI Governor Shaktikanta Das on Thursday said the central bank continues to have "serious and major" concerns about the cryptocurrencies like Bitcoin and has conveyed them to the government.

Bitcoin crashes as El Salvador rollout falters: Check details here

SEC issued Coinbase with a Wells notice, indicating the US regulator will sue if the crypto exchange goes ahead with the launch of its interest-bearing "Lend" product for crypto assets

Binance removes Singapore products on platform after regulator's warning

Binance said it will restrict its services in Singapore days after the city state's central bank said it should stop offering payment services

Bitcoin rises back above $50,000; adds $245.24 to its previous close

The world's biggest and best-known cryptocurrency is up 81% from this year's low of $27,734 on Jan. 4

Hottest cryptocurrencies are alternatives to Bitcoin and Ether

Cardano has doubled this month, becoming the third-largest digital asset. Binance Coin is also up. A token named Avalanche has tripled in August

Vietnam, India top measure of cryptocurrency adoption by individuals

Interest in cryptocurrencies has surged since the onset of the pandemic, in part because of substantial gains by digital tokens like Bitcoin and Ether

Cryptocurrency broker Bitpanda raises $263 mn at $4.1-bn valuation

Bitpanda, which currently has 3 million users and presence in eight European countries, plans to aggressively expand into other countries this year.

Decentralised finance: Latest front in crypto's hacking problem

Peer-to-peer DeFi crypto platforms emerge as major hacking risk; estimated $80 bn or more held on DeFi platforms

Crypto exchange WazirX sees huge rise in users from tier-2 & 3, women

Exchange has over 7.3 mn users, has clocked over $21.8 bn in trading volume in 2021 till date; Tier-2 and 2 cities have driven 55% of total user sign-ups in 2021

CoinDCX is India's first crypto unicorn as country debates virtual assets

Latest funding round values the firm at $1.1 billion, says CoinDCX CEO.

Ether near two-month high ahead of major blockchain protocol adjustment

This would alter the way transactions are processed.

Include cryptocurrency gains in income-tax returns, say analysts

Treat it as capital gain if you buy and hold; as business income if you trade frequently

Bitcoin jumps on speculation about Amazon considering crypto sector

Bitcoin's price surged again on Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking for a product leader to develop its digital currency

ECB takes first step in long march to digital euro, tackle crypto boom

The European Central Bank took a first step on Wednesday towards launching a digital version of the euro, part of a global drive to meet growing demand for electronic means of payment

Crypto exchange Binance temporarily suspends payments from EU's key network

Cryptocurrency exchange Binance will temporarily suspend euro bank deposits from one of Europe's key payments networks, it said in an email sent to users

Crypto exchange Binance says sterling withdrawals reactivated after outage

The exchange's customers said on Tuesday they were unable to deposit or withdraw sterling from the platform, days after regulators in Britain cracked down on some of its activities in the country

After their love affair with gold, Indians train their sights on crypto

The growth in India is coming from the 18-35 year old cohort, says the co-founder of India's first cryptocurrency exchange

How should cryptocurrency be taxed in India? Here are some thoughts

Cryptocurrencies have generated a lot of interest for investors of all ages due to recent increase in value. It is estimated that roughly a crore Indians have invested in cryptocurrencies

Dollar off to firm start as US price data fail to quell inflation worries

The dollar's index against six other major currencies was steady at 91.793, having recovered from Friday's low of 91.524 hit in the wake of the inflation readings

Cryptocurrency companies fight for top talent, hundreds of jobs on offer

Binance, the world's largest crypto exchange, is advertising for some 370 positions globally, according to its LinkedIn recruitment portal.