cryptocurrencies
- Business
BOK rules out inclusion of bitcoin in foreign exchange reserves
Seoul: The South Korean central bank has called for a “cautious approach” to the idea of including bitcoin as foreign exchange reserves given its price volatility, officials said on Sunday. There have…
- India
Cryptocurrencies equivalent to gambling: RBI Governor
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies are equivalent to gambling, as their perceived value is only make believe. Addressing a media event…
- Technology
Crypto exchange Zipmex pauses withdrawals until further notice
New Delhi: Singapore-headquartered crypto exchange Zipmex has announced to pause withdrawals until further notice, becoming another crypto company to bear the brunt of volatile market conditions. The digital assets exchange has operations…
- Technology
1% TDS on crypto investments in India, industry players say ‘wait and watch’
New Delhi: As the Reserve Bank of India (RBI) further tightens its stand on cryptocurrencies, the 1 per cent tax deducted at source (TDS) on virtual digital assets (VDAs) and cryptocurrencies came…
- Technology
GST Council mulling 28% tax on Bitcoin, other cryptocurrencies
New Delhi: In what could further dampen the mood of crypto investors in the country, the goods and services tax (GST) council is mulling a 28 per cent tax on cryptocurrencies, at…
- India
SC asks Centre to make its stand clear on Bitcoins
New Delhi: The Supreme Court on Friday asked the Centre to make its stand clear on Bitcoins. Currently, there is no regulation or any ban on the use of cryptocurrencies in the…
- Pakistan
Pakistan to ban use of cryptocurrencies
Islamabad: Pakistan has decided to ban the use of all cryptocurrencies, local media reported citing a report which was submitted to the Sindh High Court (SHC) on Wednesday. Samaa TV reported that…
