Digital Currencies

Facebook's Libra is largely untested and has a tough regulatory approach: Report

Facebook Libra has a destabilising effect on the global financial system, say critics.

IBM and Tata join governing council of US blockchain platform Hedera Hashgraph

All members of the Hedera governing council have equal say in approving updates to the platform codebase.

Facebook Libra can be good for the developing countries where people face cash crunch

Libra could provide a universal, stable currency without needing to set up an entire payment infrastructure.

Japan hit by another cryptocurrency heist, $60 million stolen from exchange

Japan last year became the first country to regulate cryptocurrency exchanges, as it encourages technological innovation while ensuring consumer protection

SC upholds RBI circular prohibiting banks and financial institutions from providing services in cryptocurrencies

Cryptocurrencies are digital currencies, in which encryption techniques are used to regulate the generation of the currency units and verify the transfer of funds, operating independently of a central bank

Traders are exchanging digital currencies such as bitcoin and ether over Skype to avoid online exchanges

Some 20 traders and clients have around 5 years spawned an OTC market moving hundreds of millions of dollars of cryptocurrencies daily, mostly via online messaging.

Financial policymakers at G20 summit decide to keep an eye on the development of cryptocurrencies

One reason for the G20’s inaction is that they see cryptocurrencies as too small to jeopardize financial markets.

Arun Jaitley needs to consider all sides of the story before dismissing cryptocurrencies in India

It is important to highlight the importance of decentralisation in the world of blockchain and how cryptocurrencies are a result of that.

Setback to Bitcoin? Govt sends tax notices to cryptocurrency investors; trading hits $3.5 bn

Tech-savvy young investors, real estate players and jewelers are among those invested in bitcoin and other virtual currencies

Bitcoins, cryptocurrencies: New age money threaten control of banking system, money supply

The global cryptocurrency market is worth $245 billion which is tiny compared to the trillion dollar plus balance sheets of the Bank of Japan, the US Federal Reserve or the ECB.