Crypto Currencies

Crypto Currencies News

Parliamentary panel discusses crypto finance, several members against banning crypto currencies
India

Parliamentary panel discusses crypto finance, several members against banning crypto currencies

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

First half of 2019 likely to be volatile, but stronger macros signal positive equity market move
Business

First half of 2019 likely to be volatile, but stronger macros signal positive equity market move

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 to have mixed implication on global banking system, says Moody's report
Business

Blockchain to have mixed implication on global banking system, says Moody's report

Blockchain technology has the potential reduce costs of cross-border transactions for banks. However, it could put pressure on their fees and commissions

RBI asks banks to stop services to those dealing in virtual currencies like bitcoins
Business

RBI asks banks to stop services to those dealing in virtual currencies like bitcoins

RBI said it has repeatedly cautioned users, holders and traders of VCs, including bitcoins, regarding various risks associated in dealing with such virtual currencies

Can't prevent misuse of Bitcoin by terrorists, Centre tells Rajya Sabha
Business

Can't prevent misuse of Bitcoin by terrorists, Centre tells Rajya Sabha

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
News & Analysis

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 value should be about 99 percent less than the current level, says Japan Post Bank CIO
News & Analysis

Bitcoin's value should be about 99 percent less than the current level, says Japan Post Bank CIO

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.

Russia to block access to websites offering crypto-currency exchanges
News & Analysis

Russia to block access to websites offering crypto-currency exchanges

The authorities accepted the globally booming market of crypto-currencies but want to either control the turnover or to limit access to the market.