The RBI mentioned that cryptocurrencies are not a currency because every modern currency needs to be issued by the central bank or the government, she said.
New Delhi: There is no mechanism to prevent the misuse of cryptocurrencies such as Bitcoin by terror groups and other anti-national elements, the government said on Tuesday, adding it was awaiting the report of an expert group on the subject. “One of the features of cryptocurrency is that there is lack of dependence on the […]
New Delhi: Despite banking restrictions put in place by the Reserve Bank of India, the country has not put any blanket ban on trading in cryptocurrencies yet, the government has clarified. Responding to questions in the Rajya Sabha on whether the government has prohibited cryptocurrency in the country, Minister of State for Finance and Corporate […]
San Francisco: Tesla CEO Elon Musk, who has been tweeting on cryptocurrencies with greater frequency for some time now, has said that prices of Bitcoin now “seem high”. His comments came after Bitcoin’s total market value passed $1 trillion for the first time on Friday, according to data from CoinDesk. The leading cryptocurrency reached an […]
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