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Page 84 - Cryptocurrency
Bitcoin surges 15% to $8,574 in bounce back from lowest in five months
Cryptocurrencies may also get a boost after China's state-owned news agency Xinhua reported the country plans to speed up development of blockchain technology and industry
 "Bitcoin surges 15% to $8,574 in bounce back from lowest in five months")
Tata Steel, six other firms join hands with WEF for responsible sourcing
Other founding members of the initiative are Antofagasta Minerals, Eurasian Resources Group Sarl, Glencore, Klockner & Co, Minsur SA and Anglo American/De Beers
Fix Facebook before moving ahead on Libra, US lawmakers tell Zuckerberg
Despite some top-notch firms pulling out, Facebook and 20 partner organisations have formally launched the digital currency Libra project
 "Fix Facebook before moving ahead on Libra, US lawmakers tell Zuckerberg")
Best of BS Opinion: The importance of exports, the power of youth activists
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinion: The importance of exports, the power of youth activists")
Libra currency-pegged 'stablecoin', not controlled by one company: Facebook
Central banks and government finance officials have long worried about the challenges posed by digital currencies, and the risk they can be used for money laundering and financing terrorism
 "Libra currency-pegged 'stablecoin', not controlled by one company: Facebook")
Many countries against rushing into crypto currencies: Nirmala Sitharaman
Reserve Bank of India Governor Shantikanta Das spoke about crypto currencies during one of the interventions this week
Sound legal basis a must for digital monies like Facebook's Libra: G7
Facebook's Libra has generated intense scrutiny from officials worldwide who worry about the impact it could have on the financial system
After bitcoin crackdown, China now wants centralised digital currency
China was once a stronghold of bitcoin
 "After bitcoin crackdown, China now wants centralised digital currency")
Unmoved by defections and criticism, Facebook officially launches Libra
Facebook has faced criticism since the summer when it unveiled plans to create a separate, private currency system to allow users to make cross-border payments more easily
UP Police to expand cyber crime wings following spurt in online frauds
Senior police officials instructed to complete the preliminary rollout of the cyber cells by October 15
 "UP Police to expand cyber crime wings following spurt in online frauds")
Bitcoins, neurosciences drive demand for blended programmes at IIM-A
To tap online exec education, IIM-A will offer 6 programmes that are a mix of online and offline
 "Bitcoins, neurosciences drive demand for blended programmes at IIM-A")
Tapping into e-learning, IIM-A to offer mix of online and offline courses
IIM-A will be offering six programmes that are blended or a mix of online and offline
 "Tapping into e-learning, IIM-A to offer mix of online and offline courses")
PayPal becomes first member to exit Facebook's Libra cryptocurrency group
International outcry is mounting over Libra -- with central banks, governments and regulators railing against Facebook's upstart cryptocurrency and questions over how it would be regulated
Visa, Mastercard waver as Facebook's Libra faces regulatory heat
Facebook announced plans to launch the digital currency in June 2020, in partnership with other members of the Libra Association set up by the U.S. tech giant to manage the project
