Business Standard

Page 38 - Cryptocurrency

Last-minute change led to decision of cryptocurrency ban by govt panel

In fact, in the first meeting of the committee, which was held on November 27, 2017, the committee had broadly agreed that "the banning option is difficult to implement"

Last-minute change led to decision of cryptocurrency ban by govt panel
Updated On : 23 Jul 2019 | 8:21 AM IST

Govt panel recommends cryptocurrency ban, jail terms and fines for use

Panel headed by finance secretary Subhash Chandra Garg recommends imprisonment for up to 10 years for anyone who mines, generates, holds, sells, transfers or issues cryptocurrency.

Govt panel recommends cryptocurrency ban, jail terms and fines for use
Updated On : 22 Jul 2019 | 7:07 PM IST

Is Facebook a bank? US lawmakers push for answers on Libra cryptocurrency

Libra will also face additional concerns from international regulators and lawmakers, which could further delay its progress

Is Facebook a bank? US lawmakers push for answers on Libra cryptocurrency
Updated On : 18 Jul 2019 | 9:56 AM IST

Money launderers, terrorist financers can misuse Facebook's Libra: Mnuchin

Facebook's new currency plan under scrutiny in Congress

Money launderers, terrorist financers can misuse Facebook's Libra: Mnuchin
Updated On : 16 Jul 2019 | 10:29 AM IST

US proposes barring big tech firms from offering digital currencies

Such a sweeping proposal would likely spark opposition from Republican members of the house who are keen on innovation, and would likely struggle to gather enough votes to pass the lower chamber

US proposes barring big tech firms from offering digital currencies
Updated On : 16 Jul 2019 | 2:31 AM IST

'Not a fan': Facebook's Libra under fire, from crypto community to Trump

Libra, which is widely regarded as a challenger to dominant global player Bitcoin, is expected to launch in the first half of 2020

'Not a fan': Facebook's Libra under fire, from crypto community to Trump
Updated On : 14 Jul 2019 | 9:34 AM IST

BIS starts fintech hub as central banks look into crypto currency

The news comes after Facebook Inc. earlier this month unveiled plans to create a cryptocurrency it expects will one day trade much like the dollar

BIS starts fintech hub as central banks look into crypto currency
Updated On : 01 Jul 2019 | 2:15 AM IST

Can Facebook's Libra convince users?

The key to getting the consumers and merchants to use the digital currency will be incentives

Can Facebook's Libra convince users?
Updated On : 28 Jun 2019 | 1:16 AM IST

FB unveils its own cryptocurrency Libra, gets backing from Mastercard, Visa

The digital currency, called Libra, is scheduled to launch sometime in the next six to 12 months

FB unveils its own cryptocurrency Libra, gets backing from Mastercard, Visa
Updated On : 18 Jun 2019 | 10:49 PM IST

Hottest cryptocurrency is up 360% this year and its name isn't Bitcoin

Litecoin, which has gained more than 330% since the beginning of the year, is outpacing all its crypto peers

Hottest cryptocurrency is up 360% this year and its name isn't Bitcoin
Updated On : 14 Jun 2019 | 9:37 AM IST

Cryptocurrency scams: Fraudsters are using ponzi schemes to fool investors

Some cryptocurrency fraudsters appeal to people's greed, promising big returns

Cryptocurrency scams: Fraudsters are using ponzi schemes to fool investors
Updated On : 14 May 2019 | 8:56 AM IST

Plans for blockbuster cryptocurrency IPO shelved amid bitcoin slump

Bitcoin experienced astonishing growth in 2017 to peak at a record $19,500 by the end of that year

Plans for blockbuster cryptocurrency IPO shelved amid bitcoin slump
Updated On : 28 Mar 2019 | 1:30 AM IST

How cryptocurrencies are entering the traditional markets they once spurned

US crypto broker-dealer Voyager Digital on Feb 11 achieved a 'backdoor' listing on Toronto's Venture Exchange after it bought control of mineral exploration firm UC Resources

How cryptocurrencies are entering the traditional markets they once spurned
Updated On : 22 Feb 2019 | 8:02 AM IST

CEO dies with $137 mn in cryptocurrencies and no one has the password

Gerald Cotten died aged 30 from complications with Crohn's disease while volunteering at an orphanage in India, according to the Facebook page of Quadriga CX, which announced his death on January 14

CEO dies with $137 mn in cryptocurrencies and no one has the password
Updated On : 06 Feb 2019 | 9:19 AM IST

Explained: Why there is a need to regulate crypto-assets in India

There is a misunderstanding that crypto-assets like Bitcoins are illegal in India

Explained: Why there is a need to regulate crypto-assets in India
Updated On : 03 Feb 2019 | 11:39 PM IST

A new currency, anyone?

But Facebook needs to win people's trust first

A new currency, anyone?
Updated On : 12 Jan 2019 | 7:26 PM IST

Bye-bye bitcoin: Wall Street quietly shelves its cryptocurrency plans

Goldman Sachs, Morgan Stanley and many more built it. But they didn't come.

Bye-bye bitcoin: Wall Street quietly shelves its cryptocurrency plans
Updated On : 23 Dec 2018 | 2:13 PM IST

Cryptocurrency industry struggles to insure itself against hacks and theft

The total market capitalisation of crypto currencies is currently estimated at approximately $120 billion compared to over $800 billion at its peak in January

Cryptocurrency industry struggles to insure itself against hacks and theft
Updated On : 20 Dec 2018 | 2:37 PM IST

Cryptocurrency industry faces insurance hurdle to mainstream ambitions

Keeping crypto assets secure involves storing a 64 character alphanumeric private key. If the key is lost, the assets are effectively lost too

Cryptocurrency industry faces insurance hurdle to mainstream ambitions
Updated On : 20 Dec 2018 | 12:01 PM IST

Why the Marshall Islands is trying to launch a cryptocurrency

If the vote of no confidence passed, most Marshallese expected the opposing senators to repeal the cryptocurrency law

Why the Marshall Islands is trying to launch a cryptocurrency
Updated On : 15 Dec 2018 | 10:17 PM IST