Page-2 of cryptocurrencies

Karnataka Bitcoin scam: Things to know

Central Crime Branch Police of Bengaluru, arrested 26-year-old Srikrishna Ramesh alias Sriki, on November 4, 2020. What is the issue? He was arrested as per provisions of Narcotic Drugs & Psychotropic Substances (NDPS) Act in a drug case. Sriki has ..

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China declares all Cryptocurrency transactions illegal

Central bank of China has declared all the Cryptocurrency transactions illegal on September 23, 2021. Key Points The global values of cryptocurrencies including Bitcoin have massively fluctuated in during 2020-2021 partly due to Chinese regulations, that sought to prevent speculation ..

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PayPal launched crypto buying and selling in UK

PayPal Holdings Inc has launched crypto buying and selling in the United Kingdom. Key points PayPal will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies now. This roll-out marks the first international expansion of ..

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Report: Indians invested $40 bn in cryptocurrency in 2020

As per Chinalysis report, Indians who are known to traditionally invest in gold are now investing into cryptocurrency. Key Findings India is home to world’s biggest holders of gold (25,000 tonnes). Now, Indians are shifting towards cryptocurrency and have invested ..

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India to Propose Cryptocurrency Ban

India is preparing to propose for a law to ban the cryptocurrencies, to fine anyone who is trading in India or to fine anyone even for holding such digital assets. India will be rolling out the rule in a potential ..

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India’s New Central Bank Digital Currency

The Reserve Bank of India (RBI) is in process of examining if India needs a new central bank digital currency (CBDC) and is exploring ways to operationalise the digital currency. Highlights The statement from the RBI has come in the ..

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