cryptocurrencies
- 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…
- Technology
Scammers netted cryptocurrencies worth $7.7 bn in 2021: Report
New Delhi: Cryptocurrency scammers netted $7.7 billion worth of cryptocurrency from victims in 2021, an 81 per cent rise in losses compared to last year, a new report showed on Monday. According…
- Technology
Hackers used Google Ads to steal cryptocurrencies worth $500K
New Delhi: Scammers have used Google Ads to steal crypto currencies worth $500,000 in a matter of days, a new report showed on Monday, even as cryptocurrencies witness rapid adoption across the…
- Technology
Crypto regulation way to go for new investors in India: Vauld CEO
New Delhi: At a time when crypto buzz is picking up in India, the time is ripe not only to create awareness but also build trust among the first-time investors in the…
- Hyderabad
Cryptocurrency exchange platform Bitsz launched in Hyderabad
Hyderabad: A Cryptocurrency exchange platform named Bitsz was launched in the city, bringing joy to crypto fans. Founder Naveen Kumar launched the 24X7 multilingual website with ‘100% insurance on users’ wallets. The…
- World
China bans cryptocurrencies, mining projects
New Delhi: The Chinese authorities said on Friday that all cryptocurrency-related businesses are illegal and called for the exit of cryptocurrency mining projects. Up to three-quarters of the world’s supply of bitcoin has…
- Technology
Amazon may soon allow digital currency as payment mode
San Francisco: Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency and blockchain product lead for its payments team. According to…
- Business
The great Indian Crypto circus
Amongst all its Indian stakeholders, there are strong undercurrents, deafening official-silence and unofficial-posturing, all around. Over the past few months, the government has had its varying views & intent about crypto. The…
- Technology
China intensifies crackdown on cryptocurrencies
Beijing: Despite being the world’s largest mining work for bitcoin, China has intensified a crackdown on cryptocurrencies by banning institutions and companies from providing cryptocurrency services to customers. Three financial self-regulatory bodies…
- Technology
Cybercriminals topmost source of distrust in India: Survey
NEW DELHI: Cybercriminals remain the number one source of distrust in the Internet in India where 79 per cent of people say social media companies contribute to their distrust — up from…
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