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Page 12 - Digital Currency

Bitcoin pulls back from brink of $50,000, crypo dropped more than 5%

Bitcoin fell as much as 5.6% to $45,914 and rival cryptocurrency ethereum dropped more than 8% to $1,655

Bitcoin pulls back from brink of $50,000, crypo dropped more than 5%
Updated On : 15 Feb 2021 | 8:35 AM IST

Digital currency an idea that can go far, but will RBI explore it?

Skepticism is high about "Retail Direct" because previous attempts at bringing public debt to the masses haven't gone anywhere

Digital currency an idea that can go far, but will RBI explore it?
Updated On : 10 Feb 2021 | 7:33 AM IST

Police seize $60 million worth of bitcoin. But, where is the password?

Bitcoin is stored on software known as a digital wallet that is secured through encryption

Police seize $60 million worth of bitcoin. But, where is the password?
Updated On : 05 Feb 2021 | 4:36 PM IST

RBI working on model of digital currency, decision soon: Deputy Guv Kanungo

An internal committee within the RBI is taking a close look at the model of the central bank's digital currency, Kanungo said

RBI working on model of digital currency, decision soon: Deputy Guv Kanungo
Updated On : 05 Feb 2021 | 2:44 PM IST

Top headlines: Direct tax compliance may ease, RBI open to digital currency

Business Standard brings you the top headlines of the day

Top headlines: Direct tax compliance may ease, RBI open to digital currency
Updated On : 26 Jan 2021 | 8:16 AM IST

RBI open to digital currency, examining the need to introduce CBDC

A CBDC is legal tender and a central bank liability in digital form denominated in a sovereign currency and appearing on the central bank's balance sheet.

RBI open to digital currency, examining the need to introduce CBDC
Updated On : 26 Jan 2021 | 6:10 AM IST

Bitcoin hits $40,000 for first time; doubles in less than a month

Cryptocurrencies hit the milestone after a fivefold climb in market value in the past year, data from tracker CoinGecko shows

Bitcoin hits $40,000 for first time; doubles in less than a month
Updated On : 08 Jan 2021 | 1:36 AM IST

Explained: Why cryptos are gaining currency globally amid bitcoin rally

Investors, including large corporations, view them as a potential hedge against uncertainty, and mainstream investment banks too are jumping into the game

Explained: Why cryptos are gaining currency globally amid bitcoin rally
Updated On : 31 Dec 2020 | 6:10 AM IST

Bitcoin tops $23,000; may climb to about $400,000, says analyst

The digital coin jumped more than 9 per cent on Thursday, touching a high of $23,256.92, according to a composite of prices compiled by Bloomberg

Bitcoin tops $23,000; may climb to about $400,000, says analyst
Updated On : 18 Dec 2020 | 2:31 AM IST

BTC-e cryptocurrency founder given a 5-yr prison term for laundering funds

Alexander Vinnik was arrested in July 2017 while vacationing in a summer resort in northern Greece.

BTC-e cryptocurrency founder given a 5-yr prison term for laundering funds
Updated On : 08 Dec 2020 | 6:43 PM IST

JD.com becomes first online platform to accept China's digital currency

JD Digits, the company's fintech arm, will accept digital yuan as payment for some products on its online mall

JD.com becomes first online platform to accept China's digital currency
Updated On : 05 Dec 2020 | 3:25 PM IST

Should you buy Bitcoin or gold? The debate is heating up on Wall Street

Bitcoin's tumble last week, the biggest since March, after a 150% run-up this year underscores the famous volatility of the asset class that has kept mainstream investors at bay

Should you buy Bitcoin or gold? The debate is heating up on Wall Street
Updated On : 02 Dec 2020 | 6:44 AM IST

Bitcoin's rally spurs Wall Street to question future of Gold

The digital currency is a trading ground for a motley crew of retail players, speculative pros and exotic quants, while traditional investors have hitherto stayed on the sidelines.

Bitcoin's rally spurs Wall Street to question future of Gold
Updated On : 01 Dec 2020 | 8:02 PM IST

Bitcoin off record highs, slumps 7% in volatile trade

Smaller coins ethereum and XRP, which often move in tandem with bitcoin, fell 7.3% and 8.8%, respectively.

Bitcoin off record highs, slumps 7% in volatile trade
Updated On : 01 Dec 2020 | 7:13 PM IST

Fed's Powell: Important for US to get digital currency right than be first

Powell said it is vital the Fed assess what impact a CBDC might have on a range of critical issues

Fed's Powell: Important for US to get digital currency right than be first
Updated On : 19 Oct 2020 | 7:51 PM IST

Digital currency: World is learning from China; India must not stay behind

China's rapid advances in developing a digital currency have spurred the world into action. India should not be left behind

Digital currency: World is learning from China; India must not stay behind
Updated On : 14 Oct 2020 | 6:58 AM IST

7 central banks sketch out digital currency as China forges ahead

Look to catch up with China's 'trailblazing', Facebook's Libra

7 central banks sketch out digital currency as China forges ahead
Updated On : 10 Oct 2020 | 1:37 AM IST

Many verified Twitter accounts able to post again after cryptocurrency scam

Twitter had limited some users' ability to tweet, reset passwords and use other unspecified "account functions" after many of the platform's top accounts were hacked

Many verified Twitter accounts able to post again after cryptocurrency scam
Updated On : 16 Jul 2020 | 7:48 AM IST

China's digital currency moves

With pilot runs for a digital yuan underway, its monetary system could well become an exemplar for other countries

China's digital currency moves
Updated On : 13 May 2020 | 2:26 AM IST

WEF forms framework to help central banks evaluate, design digital currency

Announcing the framework, the World Economic Forum (WEF) said the National Bank of Cambodia has already piloted a quasi-form of CBDC (Central Bank Digital Currency) for its national payments system.

WEF forms framework to help central banks evaluate, design digital currency
Updated On : 23 Jan 2020 | 6:55 PM IST