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The Bitcoin scandal blame game touched a new low in the state among Karnataka politicians as leading of ruling BJP and opposition Congress indulged in personal attacks
People are already paying capital gains on income from cryptocurrencies, and the GST law provides for taxing such transactions as 'services', Revenue Secretary Tarun Bajaj told PTI
Singhal, whose company became a unicorn last month, is determined to reach out to sceptics who have FUD - crypto slag for fear, uncertainty and doubt, writes Ritwik Sharma
Some analysts say a sharp pullback is normal after prices skyrocketed 40% in October
According to UK researcher CryptoCompare, Binance's spot cryptocurrency trading volumes totalled $789 bn in Sept and $454 bn in July
There have been a rising number of ads, featuring even film stars, promising easy and high returns on investments in cryptocurrencies in recent times
Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months
India also asked the international community to call out the States who wilfully provide financial assistance, safe havens to terrorists and hold them accountable
Modi also said the democracies must invest together in the research and development of future technology
By Nupur Anand and Aftab Ahmed
Senior Congress leader Siddaramaiah hit back at the ruling party accusing it of trying to hide its "corruption" and attempting to get personal to pursue "dirty agenda" in politics.
Defy, founded by entrepreneurs Bhagaban Behera, Sriharsha Setty and Nakul Kelkar, has received Seed funding worth $5.5 million
Last week, an India parliamentary panel favoured regulation rather than imposing an outright ban on the digital assets.
The party once again demanded a judicial probe by a sitting judge
Bitcoin last traded around $59,000, down 1% on the day, and off about 12% from the record high of $69,000 set on Nov. 10, while ether was at $4,163, more than 14% lower than its peak $4,868
India is likely to bar the use of cryptocurrencies for transactions or making payments, but allow them to be held as assets like gold, shares or bonds
The government is looking at classifying cryptocurrency exchanges as e-commerce platforms. More on that in Business Standard brings the top headlines at this hour.
Crypto exchanges proposed to be classified into 3 categories; may have to register under GST
Global crypto market cap has dropped some 10 % in the past 24 hours, according to CoinGecko.
There are over 7,000 recognised cryptocurrencies in existence as of November 2021