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Puja Ghosh The Cryptocurrency and Official Digital Currency Regulation Bill 2021 is currently being debated in Parliament. Updates in Real Time: The crypto business is looking for favourable regulation that will allow for limited investment and trading in digital assets. Bill 2021 in Parliament on Cryptocurrency and Official Digital Currency (Updates): During the current Winter Session, the … Read more
The price of bitcoin plummeted on Saturday, hitting a seven-week low after a new coronavirus type was discovered in South Africa. According to CoinMarketCap, the world’s largest cryptocurrency has plummeted almost 6% in the previous 24 hours to $54,425.11. Bitcoin has dropped to its lowest level since October as a result of the rapid drop … Read more
Top Customers of Indian private sector banks are being informed about the risks of investing in crypto assets. Customers have received emails from Axis Bank, HDFC Bank, and ICICI Bank in this regard, according to The Economic Times. The banks noted cryptocurrency exchanges’ aggressive advertising operations, which aim to entice new consumers with promises of … Read more
Following Thursday’s gains, the cryptocurrency appeared to be on track to go through $60,000, but COVID worries thwarted the move. On Friday, the financial markets were a sea of red, as fears about a new coronavirus variety appeared to have stifled risk appetite. Bitcoin is currently trading at $55,000, down 6.7 percent on the day, … Read more
The government’s announcement that the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 will be introduced in the upcoming winter session of Parliament has sparked a market uproar. According to the 2021 Chainalysis’ Global Crypto Adoption Index, India’s digital currency sector was valued $6.6 billion in May, compared to $923 million in April 2020. … Read more
New Delhi, India: The Central government said earlier this week that it will introduce a measure to ban all private cryptocurrencies in the forthcoming winter session of Parliament, a move that has alarmed crypto investors in the country. The government has disclosed plans to launch an official digital currency in conjunction with the move to … Read more
Elon Musk, the CEO of Tesla, has been outspoken about his belief in Dogecoin, a meme-coin cryptocurrency that skyrocketed in value earlier this year. Now, Musk has some Dogecoin advice for you. Musk agreed with Bill Lee, a founding partner of West Coast Holdings and an investor in Musk’s firms, that the holdings should not … Read more
In Parliament’s winter session, which begins on November 29, India plans to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. The measure aims to outlaw all private cryptocurrencies and provide a framework for the creation of a government-backed digital currency. While crypto transactions have yet to be regulated in India, the digital … Read more
Since a day ago, crypto investors have been in a panic mode due to news that cryptocurrency will be controlled by the government soon. Bitcoin, Solana, and other cryptocurrencies all plunged in price the day before, but gained somewhat on Thursday, November 25, as markets stabilised after the first ripple impact. Two days ago, the … Read more
It may be premature for cryptocurrency players in India to be concerned about a prospective ban on virtual tokens, as they are right now. Since yesterday, the prices of key cryptocurrencies have plummeted by 17 percent for bitcoin, 15% for ethereum, and nearly 18 percent for tether (Nov. 23). This is in response to a … Read more