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Page 27 - Cryptocurrency

High taxes on crypto will disincentivise compliance

Taxes are best-placed to meet their objective if they incentivise compliance

High taxes on crypto will disincentivise compliance
Updated On : 08 May 2022 | 10:29 PM IST

Cryptocurrencies in free fall after biggest Fed rate hike in two decades

On Sunday, Bitcoin was hovering around $34,400 and ethereum, which is the second largest cryptocurrency, plunged 4.8 per cent to $2,545.

Cryptocurrencies in free fall after biggest Fed rate hike in two decades
Updated On : 08 May 2022 | 11:38 AM IST

FM Sitharaman flags anonymity as 'inherent risk' in use of blockchain

Finance Minister Nirmala Sitharaman flagged anonymity as an "inherent risk" in blockchain technology and called for taking precaution in future with a rise in the use of this technology

FM Sitharaman flags anonymity as 'inherent risk' in use of blockchain
Updated On : 07 May 2022 | 6:48 PM IST

US chipmaker Nvidia fined $5.5 mn over crypto mining disclosures in US

US SEC's order claims Nvidia misled investors by reporting a huge boost in revenue related to "gaming", hiding how much its success relied on the far more volatile crypto market, reports The Verge

US chipmaker Nvidia fined $5.5 mn over crypto mining disclosures in US
Updated On : 07 May 2022 | 11:37 AM IST

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

Warren Buffett won't pay even $25 for all Bitcoin in the world

As Bitcoin hovers in the range of $38,000-$40,000 per digital coin, billionaire Warren Buffett has said that he will not even pay $25 for all the Bitcoin in the world.

Warren Buffett won't pay even $25 for all Bitcoin in the world
Updated On : 02 May 2022 | 7:51 PM 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
Updated On : 27 Apr 2022 | 2:04 PM 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

Euro inches up after Macron's victory, gains against bruised sterling

Euro gained a fraction after French President's comfortable defeat of his opponent Marine Le Pen. The outcome was largely expected by market pundits and political analysts.

Euro inches up after Macron's victory, gains against bruised sterling
Updated On : 25 Apr 2022 | 10:00 AM 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

Going green: How to ditch fossil fuels powering the bitcoin network

The amount of energy used by computers to solve the puzzles grows as more computers join the effort and puzzles are made more difficult

Going green: How to ditch fossil fuels powering the bitcoin network
Updated On : 21 Apr 2022 | 1:05 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