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Page 103 - Cryptocurrency
Blockchain can add $5 bn to Indian economy in 5 years: Nasscom official
Based on the distributed storage of data, Blockchain technology can enhance the speed of transactions while increasing transparency, said a top Nasscom official
 "Blockchain can add $5 bn to Indian economy in 5 years: Nasscom official")
Crypto-currency is junk, not a good medium of exchange: Mastercard CEO
Banga said crypto-currency is not a good medium of exchange as it does not have predictability and transparency
 "Crypto-currency is junk, not a good medium of exchange: Mastercard CEO")
Bitcoin @ $8,000 for 1st time in 2 months on growing institutional interest
Recent reports about impending approval in the United States for a cryptocurrency exchange traded fund (ETF) have helped bolster demand recently
 "Bitcoin @ $8,000 for 1st time in 2 months on growing institutional interest")
Cryptocurrencies would encourage illegal transactions: RBI to SC
These 'currencies' operate independently of a central bank like the RBI, "rendering it immune from government interference"
 "Cryptocurrencies would encourage illegal transactions: RBI to SC")
Crypto-heist insurance is the hot new play in bitcoin wild west
The collapse in the price of Bitcoin this year hasn't helped matters either
RBI cites investor protection to justify cryptocurrency ban in India
The central bank has been arguing there's a security risk because the wallets are stored electronically where the currencies are kept
 "RBI cites investor protection to justify cryptocurrency ban in India")
Bitcoin climbs as big-name investors take interest; Ripple, Ethereum rise
The largest crypto-coin advanced 3% to $6,371
 "Bitcoin climbs as big-name investors take interest; Ripple, Ethereum rise")
