Latest News on Virtual Currencies
Showing of 0 - 10 from 23 results
Virtual Currencies - Total results - 23
Jul 06, 2018
RBI ban on cryptocurrencies takes effect; prohibition could force investors to tap the black marketInvestors playing in virtual currencies (VCs) might take to a barter or tap the black market to continue trading in cryptocurrencies.
Jul 04, 2018
SC upholds RBI circular prohibiting banks and financial institutions from providing services in cryptocurrenciesCryptocurrencies 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
Apr 05, 2018
RBI asks banks to stop services to those dealing in virtual currencies like bitcoinsRBI said it has repeatedly cautioned users, holders and traders of VCs, including bitcoins, regarding various risks associated in dealing with such virtual currencies
Apr 03, 2018
Traders are exchanging digital currencies such as bitcoin and ether over Skype to avoid online exchangesSome 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.
Mar 13, 2018
HDFC Bank bans the purchase of Bitcoins, cryptocurrencies and virtual currencies through its credit, debit and prepaid cardsBefore HDFC, Citi Bank had banned its customers from buying cryptocurrencies using credit and debit cards in mid-February.
Jan 30, 2018
Moneycontrol becomes India’s first financial platform to launch a dedicated section on cryptocurrencyThe independent section on Cryptocurrency, which can be accessed via the Moneycontrol website and app.
Dec 29, 2017
Virtual currencies are like Ponzi schemes: Finance ministry warns investorsThe government on Friday cautioned investors to be wary of virtual currencies like Bitcoin, saying they are like Ponzi schemes with no legal tender and protection
Dec 19, 2017
Bitcoin rally: Income tax notices slapped on 4-5 lakh wealthy investors, evaders will have to pay capital gains taxThe trigger for the action is understood to be the huge spike being registered in the value of bitcoins and other virtual currencies in the recent past.
Dec 18, 2017
Bitcoin rally: Sebi to crack down on illicit coin offers, ponzi schemes but not to take on regulator mantleSebi is not keen to take on the mantle of a regulator for such 'trading' -- currently being offered on a number of so-called exchanges despite there being no rules in this regard -- as the underlying product
Dec 14, 2017
Bitcoin rally: Income tax sleuths conduct surveys on 9 major exchanges, detect HNI entriesSleuths detected a number of high net worth individuals (HNIs) and customer IDs in these databases and prima facie about 20-25 lakh such entities have been traced.