Page 59 - Cryptocurrency

Don't welcome Facebook's Libra

India's policy makers must be alert to any attempt by Facebook, Mastercard and others to force a cryptocurrency on us

France, Germany oppose Facebook's Libra, back public cryptocurrency

The criticism came as the European Central Bank said it was working on a long-term plan to launch a public digital currency that could make projects such as Libra redundant

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

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

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

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"

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.

Is Facebook a bank? US lawmakers push for answers on Libra cryptocurrency

Libra will also face additional concerns from international regulators and lawmakers, which could further delay its progress

Money launderers, terrorist financers can misuse Facebook's Libra: Mnuchin

Facebook's new currency plan under scrutiny in Congress

US proposes barring big tech firms from offering digital currencies

Such a sweeping proposal would likely spark opposition from Republican members of the house who are keen on innovation, and would likely struggle to gather enough votes to pass the lower chamber

'Not a fan': Facebook's Libra under fire, from crypto community to Trump

Libra, which is widely regarded as a challenger to dominant global player Bitcoin, is expected to launch in the first half of 2020

BIS starts fintech hub as central banks look into crypto currency

The news comes after Facebook Inc. earlier this month unveiled plans to create a cryptocurrency it expects will one day trade much like the dollar

Can Facebook's Libra convince users?

The key to getting the consumers and merchants to use the digital currency will be incentives

FB unveils its own cryptocurrency Libra, gets backing from Mastercard, Visa

The digital currency, called Libra, is scheduled to launch sometime in the next six to 12 months

Hottest cryptocurrency is up 360% this year and its name isn't Bitcoin

Litecoin, which has gained more than 330% since the beginning of the year, is outpacing all its crypto peers

Cryptocurrency scams: Fraudsters are using ponzi schemes to fool investors

Some cryptocurrency fraudsters appeal to people's greed, promising big returns

Plans for blockbuster cryptocurrency IPO shelved amid bitcoin slump

Bitcoin experienced astonishing growth in 2017 to peak at a record $19,500 by the end of that year

How cryptocurrencies are entering the traditional markets they once spurned

US crypto broker-dealer Voyager Digital on Feb 11 achieved a 'backdoor' listing on Toronto's Venture Exchange after it bought control of mineral exploration firm UC Resources

CEO dies with $137 mn in cryptocurrencies and no one has the password

Gerald Cotten died aged 30 from complications with Crohn's disease while volunteering at an orphanage in India, according to the Facebook page of Quadriga CX, which announced his death on January 14

Explained: Why there is a need to regulate crypto-assets in India

There is a misunderstanding that crypto-assets like Bitcoins are illegal in India