Business

Cryptocurrency enthusiasts in India are calling New Delhi’s ban a hoax.

Saurabh Shah, a 26-year-old chartered accountant in Mumbai, is unconcerned about India’s proposed cryptocurrency prohibition. Similar suggestions have come and gone in the past. Shah bought Bitcoin as a student in 2017, just as India’s central bank banned financial institutions from carrying out crypto-related transactions. “I bought it because of the hype,” Shah told Al […]

Business

Following Cabinet approval, a new crypto bill will be tabled in Parliament.

The Cryptocurrency and Official Digital Currency Regulation Bill 2021 has been introduced in Parliament. In India, the crypto business is expecting positive regulation that would allow for limited investment and trading in crypto assets. Bill 2021 in Parliament on Cryptocurrency and Official Digital Currency (Updates): During the current Winter Session, the government will introduce the […]

Business

Cryptocurrency prices rose for Solana, SHIB, &; Ethereum, while Bitcoin and Tether fell.

Over the last 24 hours, the global crypto market capitalization increased by 1% to $2.61 trillion. Bitcoin, which is presently priced at $57,424, has lost 0.63 percent of its market domination in the last day, putting it at 41.57 percent. Over the last 24 hours, the overall cryptocurrency trading volume was $107.71 billion, down 2.55 […]

Business

Bill 2021 in Parliament on Cryptocurrency and Official Digital Currency (Updates):

Bill 2021 in Parliament on Cryptocurrency and Official Digital Currency (Updates): During the current Winter Session, the government will introduce the long-awaited ‘The Cryptocurrency and Regulation of Official Digital Currency Bill 2021’ in Parliament. The bill could be introduced within the next few days. It is not on the Lok Sabha’s updated ‘List of Business’ […]

Business

The finance ministry stated that there is no proposal to recognise bitcoin as a currency.

In the winter session of Parliament, which began today, the government is expected to introduce a measure to regulate cryptocurrency. Bitcoin and other cryptocurrencies are based on blockchain technology, which is a decentralised ledger of transactions. On Monday, Union Finance Minister Arun Jaitley stated in Parliament that the central government does not gather any information […]

Business

The Bombay HC has asked the Centre for more information on the planned crypto law.

The Bombay High Court has ordered the Central Government to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which it claims would be tabled during the Parliament’s winter session, which began on Monday. In a public interest litigation (PIL) plea seeking directions to the Central government to develop legislation to oversee the […]

Business Political

Today’s update on Cryptocurrency Bill, 2021.

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 […]

Business

Bitcoin, Ether, and Solana Crash as a New Covid-19 Variant Emerges.

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 […]

Business Finance

Customers are being warned about cryptocurrency risks by private banks.

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 […]