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Puja Ghosh In the upcoming winter session of Parliament, the Centre is expected to introduce legislation banning all cryptocurrencies in India, with a few exceptions, and creating a framework to control digital currency issued by the Reserve Bank of India (RBI). In the upcoming winter session of Parliament, the Centre is expected to introduce legislation banning all … Read more
Official Digital Currency Regulation and Cryptocurrency Bill 2021 aims to build a framework that will make it easier for the Reserve Bank of India to launch an official digital currency. All crypto values dropped by 15% or more hours after the government said that it will introduce the cryptocurrency law in Parliament’s winter session, which … Read more
Sources told Republic on Tuesday that a cryptocurrency measure will be introduced in the Parliament’s winter session, which is a significant development. The bill, dubbed ‘The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021,’ is aimed at ‘creating a conducive framework for the creation of the official digital currency to be issued by the … Read more
Ether prices have remained unchanged over the last 24 hours, and the cryptocurrency has lost 9% in the last week. Bitcoin showed hints of recovery over the weekend, but it has since fallen in value once more. Bitcoin is presently trading at $62,320 (approximately Rs. 46.4 lakh) on Indian market CoinSwitch Kuber, while the most … Read more
PM Modi recently chaired a high-level meeting with officials from various ministries and the RBI on the topic of cryptocurrency during the Winter Session. New Delhi, India: During the Winter Session, which begins on November 29, 2021, a Bill to prohibit all private cryptocurrencies in India with limited restrictions is scheduled to be taken up … Read more
After reaching a partnership contract with Deloitte to increase US disaster-relief funding, Avalanche cryptocurrency has moved Dogecoin out of the top ten. After more than doubling in price since the beginning of November, the Avalanche token, AVAX, is currently the tenth-largest cryptocurrency by market capitalization. In doing so, it surpassed Dogecoin’s $30.30 billion in circulation … Read more
New Delhi: Cryptocurrency counters continued to bleed on Monday amidst the volatility in the market. Traders turned anxious, booked profits in the digital tokens as they are on their toes considering the regulation buzz in the global markets. Bitcoin, which has been falling since hitting all-time high, fell further 2 per cent. Ether followed suit, … Read more
THE RIGHT TO BE FREE: El Salvador President Nayib Bukele announced that his government will create an oceanside “Bitcoin City” at the base of a volcano in a rock concert-like setting. Bukele used a Saturday night gathering of Bitcoin enthusiasts to announce his latest idea, similar to how he used a video message at a … Read more
Due to the huge demand for cryptocurrencies and the rapidly changing landscape, there has been a surge in cryptocurrency-related scams. As a result, it is critical for investors to protect themselves from rogue crypto exchanges and tokens. Every investor and non-investor is a target for con artists attempting to make quick money by preying on … Read more
The cryptocurrency market has been quietly growing in India for several months, and the Reserve Bank of India has raised worries about it, prompting the Centre to take notice. In recent days, the government has stated that it intends to regulate cryptocurrencies in order to prevent investors from keeping them without limitation. It does not, … Read more