India Imposes Money Laundering Provisions On Cryptocurrencies
The move is in line with the global trend of requiring digital-asset platforms to follow anti-money laundering standards similar to those followed by other regulated entities.
Mar 09, 2023, 10:39 AM IST
App-based loan extortion racket busted in Delhi, Chinese nationals were involved
The gang operated at the behest of Chinese nationals and the extorted money was being routed to that country through hawala and cryptocurrencies.
Aug 20, 2022, 22:35 PM IST
Cryptocurrency ether rises to new record high over $3,600, should you invest in it?
Joke cryptocurrency dogecoin is up by 24,000% over the last 12 months and is now the fourth-largest cryptocurrency by market capitalization.
May 06, 2021, 23:03 PM IST
Digital currency cannot be private, says French central banker
Spurred by the rise of cryptocurrencies and Facebook`s plans to launch its Libra currency, central banks worldwide are looking into the possibility of issuing digital money to prevent the loss of state control over money.
Jan 26, 2020, 14:34 PM IST
Inter-Ministerial panel recommends ban on cryptocurrency, govt to examine draft Bill
The Inter-Ministerial Committee was constituted in November 2017 under the chairmanship of Secy (EA), with Secy (MeiTY), Chairman (SEBI) and deputy Governor, RBI as members, to study the issues related to virtual currencies and propose specific action to be taken in this matter.
Jul 22, 2019, 18:01 PM IST
Cryptocurrencies are failing as money, says Bank of England chief Mark Carney
Bitcoin prices have fallen sharply since December 2017.
Mar 02, 2018, 16:43 PM IST
100,000 Bitcoin investors get notices from Income Tax Department
The Taxman sent notices to those people, who have invested in cryptocurrencies like Bitcoin without declaring these in their income tax returns,
Feb 06, 2018, 19:01 PM IST
Budget 2018: Govt doesn't consider cryptocurrencies as legal tender, says Jaitley
Last year, FM Jaitley had informed Parliament that there are no regulations governing virtual currencies in India.
Feb 01, 2018, 12:55 PM IST
Bitcoin jolted by regulation worries, falls 7% on extended selloff
The price of the world`s biggest and best known cryptocurrency fell to as low as $10,567 on the Luxembourg-based Bitstamp exchange, not far from its six-week nadir of $10,162 touched the previous day.
Jan 17, 2018, 12:27 PM IST
Bitcoin slides 14% on crackdown fears, hits four-week low
Bitcoin slid on the news, trading as low as $11,730 on the Luxembourg-based Bitstamp exchange, down 13.6 percent on the day.
Jan 16, 2018, 15:09 PM IST
From dentistry to sex trade, entrepreneurs catch Bitcoin bug!
At least a dozen companies have been registered in various parts of the country with Bitcoin.
Dec 26, 2017, 15:03 PM IST
US woman laundered cryptocurrencies to fund IS
A woman from New York tried to fund the Islamic State (IS) terror group through Bitcoins and other cryptocurrencies, according to federal prosecutors.
Dec 15, 2017, 12:10 PM IST
RBI looking into cryptocurrencies, not comfortable with bitcoin
Bitcoin is a digital currency that enables individuals to transfer value to each other and pay for goods and services by-passing banks and the mainstream financial system.
Sep 13, 2017, 12:42 PM IST
