The potential of crypto is enormous and banning it would be throwing the baby out with the bathwater
Somanathan's remarks come amid the backdrop of the Centre's decision to bring a bill in the Winter Session of Parliament to regulate cryptocurrency and a crash in prices of some popular cryptocurrencies
'Not a ban': Centre regulating cryptocurrency to check role in 'hawala', terror funding, say sources
As markets and experts speculate on the consequences of Centre’s move to bring a bill to regulate cryptocurrency, sources in the security establishment told CNN-News18 that the regulation will not be an outright ban
Ethereum rose by 1.69 percent in value to $4,242.75. The second-largest digital token has risen by 2.07 percent in the last seven days
Bitcoin was priced at $56,894.01 at 9:45 this morning, witnessing a fall of 0.88 percent in the last 24 hours. The currency has seen a fall of 6.14 percent in the last seven days
Both bitcoin and Ether have risen in value amidst speculative demand for digital assets as well as the argument that digital tokens can be a hedge against inflation risks.
The prime minister also said that the Digital Age is changing everything where technology is the new weapon
Cryptocurrency update: Bitcoin, Ether and other cryptos decline in value, while Tether witnesses rise
The global crypto market cap also saw a fall of 7.10 percent over the last 24 hours and is currently at $2.66 trillion.
Stablecoins: Cryptocurrencies threaten the financial system but no one is getting to grips with them
Stablecoins enable investors to keep money in their digital wallets that is less volatile than bitcoin, giving them one less reason to need a bank account
In PM Modi's meet on cryptocurrency, concerns raised over money laundering and terror financing risks
RBI Governor Shaktikanta Das had reiterated his views against allowing cryptocurrencies saying they are a serious threat to any financial system since they are unregulated by central banks
While bitcoin is leading the way in the cryptocurrency sector, surging Tuesday to a record-high $68,513, investors snapping up newer cryptocurrencies are falling victim to scams
Cryptocurrency update: Bitcoin, Ether and other other cryptos see fall in value; Binance Coin, Solana rise
The digital token has seen its value rise by 114 percent this year, and hit a record high of $67,000 in October.
Cryptocurrency update: Bitcoin, Ether and other cryptos rise in value, while Shibu Ina sees sharp decline
In terms of value, Bitcoin saw a rise of 4.20 percent, rising to $ 61,548.27 in the last 24 hours.
The price of Bitcoin saw a decline of 3.88 percent in the last 24 hours, falling to $ 58,813,88 by 10.30 am
The transition to ethereum 2.0 has been a slow one, riddled with technical issues that have dragged on for over two years.
The fund, which opened on 19 October, allows investors to speculate on the future value of Bitcoin without actually owning it. It is the first time investors have been able to trade an asset related to Bitcoin on the New York Stock Exchange
Bitcoin miners set up private power plant, garners wrath of environmentalists as it threaten climate action
Greenidge Generation runs its own power plant to produce about 44 megawatts to run 15,300 computer servers which is enough to power more than 35,000 homes.
The IMF in its report said that challenges posed by the crypto ecosystem include operational and financial integrity risks from crypto asset providers, investor protection risks for crypto-assets and DeFi
Erected in a business park near the Danube River in Budapest, the bust sits atop a stone plinth engraved with the name of Satoshi Nakamoto, the pseudonym of the mysterious developer of Bitcoin
Elon Musk posts picture of new pet dog Shiba Inu; Dogecoin, Floki cryptocurrencies register record rise
The value of another cryptocurrency, Floki Inu, has surged by 59.08 percent in the last 24 hours, while Floki Shiba has registered a growth of 23.46 percent.