Page 35 - Cryptocurrency

Visa launches crypto advisory service for financial institutions, merchants

Visa Inc launched a global crypto advisory service for clients such as banks and also merchants, as the adoption of digital currencies gains steam

India is said to consider capital markets regulator for cryptos: Report

Govt is also likely to give crypto holders a deadline to declare assets, say sources

Proposed India bill banning crypto payments could mean jail for violations

While no official data is available, industry estimates suggest there are some 15-20 mn crypto investors in India, with total crypto holdings of roughly Rs 45,000 cr

Top headlines: New rules for international arrivals; Spinny latest unicorn

Business Standard brings you the top stories on Tuesday

Bitcoin price back over $50,000, as market calms after weekend turmoil

Bitcoin rose 1.5% in early Asia on Tuesday, after firming overnight in line with equity markets and other risk assets, but many crypto traders remained on edge after Saturday's sharp and sudden plunge

No plans to boost cryptocurrency sector in India, FinMin tells Lok Sabha

The RBI has been examining use cases and working out a phased implementation strategy for introduction of CBDC with little or no disruption

Web 3.0, blockchain can add $1.1 tn to India's GDP by 2032: Report

Digital asset market capitalisation was nearly $1.5 billion in 2013, and stands at about $3 trillion today

Bitcoin below $50,000, at early October levels, after weekend's battering

Traders said the weekend fall was connected with the broad move away from riskier assets in traditional markets over worries about the Omicron variant

A well-consulted Crypto Bill will come in Parliament after Cabinet nod: FM

Earlier this week, Sitharaman said the new bill takes into account the rapidly changing dimensions in virtual currency space, and incorporates features of the earlier bill that could not be taken up

Bitcoin falls by a fifth, cryptos see $1 billion worth liquidated

Bitcoin was 12% down at 0920 GMT at $47,495

India adopting most progressive data protection, crypto laws: Mukesh Ambani

Ambani, who owns Reliance Jio, India's largest mobile service provider, also lent support to blockchain and real time tech to improve financial access

Hackers steal $120 mn in crypto from Blockchain-based DeFi platform

According to reports, someone inserted a malicious script in the user interface (UI) of their website

I believe in blockchain tech and this is different from crypto: Ambani

Blockchain is very important for a trust-based, equitable society, says RIL chairman at the InFinity Forum

Top headlines: Karnataka issues new Covid curbs; Ambani endorses blockchain

Business Standard brings you the top stories on Friday

Where does India stand on central bank digital currency?

Sixteen of the 90 countries in the world are in the pilot stage of central bank digital currencies

Indian investor paid $69.3 mn for an NFT so you can download it for free

The blockbuster price he paid helped bring attention to the burgeoning market for NFTs

Bill on cryptocurrency after Cabinet nod, says FM Nirmala Sitharaman

The government had also listed a similar Bill for the last Parliament session (monsoon) but it was not taken up.

Banning all cryptocurrencies unwise move, regulation needed: ORF report

Cryptocurrencies need to be regulated like any other financial asset and it would be unwise for India to ban private crypto assets, a study released by Observer Research Foundation said

Sensex, Nifty end in red, report biggest monthly decline since March 2020

Go Fashion makes stellar debut, lists at 91% premium; Star Health IPO receives lukewarm response

FM says Crypto Bill will be introduced in Parliament after Cabinet nod

'We are not considering a ban on the advertisements, but we've been taking steps to caution the public through RBI and SEBI,' says Nirmala Sitharaman