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Page 86 - Cryptocurrency
Former Japan central banker warns FB's Libra may undermine monetary policy
Under Facebook's plan, Libra would be backed by a reserve of real assets such as bank deposits and short-term government securities that would be denominated in major currencies
 "Former Japan central banker warns FB's Libra may undermine monetary policy")
Banning cryptocurrency in India is not constructive: Nasscom
A ban would inhibit new applications and solutions from being deployed and would discourage tech startup, said Nasscom
 "Banning cryptocurrency in India is not constructive: Nasscom")
Letter to BS: Blanket ban on cryptocurrency in India is not a good idea
The world is turning digital and crypto currency may change the dollar dominated world
 "Letter to BS: Blanket ban on cryptocurrency in India is not a good idea")
Who cancels lunch with Warren Buffett? A Chinese tycoon did, but why?
Sun, citing ill health, postponed the lunch three days before it was to happen, sending the Chinese media and internet into overdrive
 "Who cancels lunch with Warren Buffett? A Chinese tycoon did, but why?")
Best of BS Opinion: Crypto ban not a good idea, labour law reforms & more
From the ban on cryptocurrency, political defections to OYO's adventures, here's a selection of Business Standard Opinion pieces for the day
 "Best of BS Opinion: Crypto ban not a good idea, labour law reforms & more")
Embracing innovation
Blanket ban on cryptocurrency isn't a good idea
 "Embracing innovation")
Cryptocurrency ban: Panel report leaves many questions unanswered
The Subhash Garg panel as part of its report had submitted a draft Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019
 "Cryptocurrency ban: Panel report leaves many questions unanswered")
Last-minute change led to decision of cryptocurrency ban by govt panel
In fact, in the first meeting of the committee, which was held on November 27, 2017, the committee had broadly agreed that "the banning option is difficult to implement"
Ban cryptocurrencies, consider launching own digital money: Panel to govt
SC to hear challenge to restrictions on cryptocurrency today
 "Ban cryptocurrencies, consider launching own digital money: Panel to govt")
Govt panel recommends cryptocurrency ban, jail terms and fines for use
Panel headed by finance secretary Subhash Chandra Garg recommends imprisonment for up to 10 years for anyone who mines, generates, holds, sells, transfers or issues cryptocurrency.
 "Govt panel recommends cryptocurrency ban, jail terms and fines for use")
Bitcoin causing annual CO2 emissions comparable to those of Vegas: Study
Although Bitcoin is a virtual currency, the energy consumption associated with its use is very real
 "Bitcoin causing annual CO2 emissions comparable to those of Vegas: Study")
Prospects of FB's Libra may be dim but cryptocurrencies likely to roll on
Lawmakers have also raised concerns over Facebook's spotty record on privacy and data protection
