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Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said
India prepares to legislate digital money after conflicting reports on outright ban with cryptocurrency bill 2021.
Company said it launched the programme with payment and crypto platform Crypto.com
Traditional financial companies are beginning to embrace cryptocurrencies and blockchain projects more than a decade after the creation of Bitcoin in 2009
Govt asks companies to also reveal CSR spend, benami property transactions from FY22
The comments come in light of what has been termed as confusing signals from the government on the cryptocurrencies
Bitcoin is about $9,000 below a record of $61,742 set earlier in March
By Herbert Lash
Business Standard brings you top news of the day
In most major countries and blocs, regulators treat cryptocurrencies as assets and gains in these are taxed like financial transactions
Twitter CEO Jack Dorsey on Monday sold his first-ever tweet as a non-fungible token (NFT) for $2.9 million, which he donated to charity
Federal Reserve Chair Jerome Powell said Monday that the US public needs to understand the risks behind Bitcoin and other crypto currencies
Sophia, who was unveiled in 2016, produced her art in collaboration with Italian digital artist Andrea Bonaceto, known for colourful portraits, some of which depict famous people, such as Elon Musk
Two months ago, the government had said it intended to bring a Bill to ban private cryptocurrencies and introduce India's own digital currency in line with what China and other countries had done
There is, however, some confidence that the Centre will allow, rather, promote, innovations around blockchain, the underlying technology for Bitcoin
Here's a selection of Business Standard opinion pieces for the day
It's a virtual currency. Every crypto-coin is a unique code, like the serial number on a banknote
How should personal data be used and not used? What about the disintermediated media that has teamed up with Big Tech to re-invent politics by spreading post-truth and hate mail, wonders T N Ninan
Just like its disastrous predecessor - demonetisation - banning cryptocurrency to fight "black money" would be like setting fire to the forest in order to smoke out a few sheep