Crypto Currencies News
The meeting took place against the backdrop of rising concerns in various quarters about crypto currencies and the possible risks emanating from trading in them
The rural consumption thesis holds strong for the economy with over 50 percent contribution to India’s GDP and around 50 percent contribution towards consumption.
Blockchain technology has the potential reduce costs of cross-border transactions for banks. However, it could put pressure on their fees and commissions
RBI said it has repeatedly cautioned users, holders and traders of VCs, including bitcoins, regarding various risks associated in dealing with such virtual currencies
There is no mechanism to prevent the misuse of crypto-currencies such as Bitcoin by terror groups and other anti-national elements, the government said on Tuesday, adding it was awaiting the report of an expert group on the subject.
Smooth launch of bitcoin futures on Cboe Global Markets could pave the way for more cryptocurrency based products
The most-active contract exhibited the volatility that has become bitcoin’s hallmark, surging 20 percent at one point to trigger a five-minute trading halt.
Bitcoin’s rally could end after its price hits the $10,000 mark or right before the CME Group launches bitcoin futures some time by the end of this year.
The authorities accepted the globally booming market of crypto-currencies but want to either control the turnover or to limit access to the market.