The authorities has imposed cash laundering provisions on cryptocurrencies or digital property because it appears to tighten oversight of virtual property. In a gazette notification, the Finance Ministry stated the anti-cash laundering regulation has been implemented to crypto trading, safekeeping and associated monetary offerings. After this, Indian crypto exchanges will […]
Tag: Bitcoin
CBDCs can replace cash transactions to a certain extent in India, said Deputy Governor of RBI
The Digital Currency of the Central Bank (CBDC) can replace cash-based transactions to a certain extent in India, Reserve Bank of India Deputy Governor of T. Rabi Shankar said in the Icrier Webinar on ‘get a central bank digital currency for India: lessons from the G20 and the rest of […]
Cryptocurrency Prices Today: Bitcoin falls 7%, Ethereum sheds 9%
Global Cryptocurrency Market Capitalization fell from $ 1.88 to $ 1.7 trillion over the last 24 hours while trading volume jumped from $ 66.35 to $ 126 billion. Close the Financial Market Decentralization (DEFI) Crypto jumped 123.14 percent to $ 120.97 billion. The Stablecoins value reaches $ 115 billion, represents […]
Cryptocurrency Prices Today on December 29: Tepid markets as Bitcoin, Ethereum, Litecoin fall
The global Crypto market capitalization fell 4.16 percent over the last 24 hours to $ 2.25 trillion while trading volume rose 19.03 percent to $ 103.21 billion. While defi ($ 19.05 billion) accounted for 18.46 percent of trading volume, stablecoinin ($ 81.57 billion) was made 79.03 percent of this volume. […]
Cryptocurrency Prices today on December 18: Bitcoin, Ethereum fall over 3%
Global crypto marketplace capitalisation dropped to $2.14 trillion from $2.21 trillion over the last 24 hours even as the extent rose to $105.ninety six billion from $89.forty nine billion on December 18. Among principal cryptocurrencies globally, Bitcoin dropped 3.6 percentage to Rs 36,79,813, even as Ethereum declined 3.eight percentage to […]
Most existing cryptocurrencies won’t survive, says Raghuram Rajan
Former Governor of Bank of India (RBI) Raghuram Rajan believes that of the 6,000 cryptocurrencys that will exist today, most will perish. Only one or two, or most, will survive, said Rajan. “If everything has value just because they will become a pricier on the phone, it’s a bubble,” he […]
Bitcoin falls more than 4% to near $60,000
Bitcoin, the world’s largest and best-acknowledged cryptocurrency, fell extra than four percentage on Tuesday because it prolonged a decline thru per week that still covered an improve to its blockchain. Bitcoin fell to $60,350 at its lowest for the day, taking losses from a file excessive of $69,000 struck on […]
Bitcoin: Why its value has rocketed once again
Bitcoin’s trip into mainstream finance has reached another major corner – and another record price. The cryptocurrency was trading atUS$ (£) following the launch of an exchange traded fund (ETF) in the US which has dramatically increased bitcoin’s exposure to investors. The fund, which opened on October 19, allows investors […]