Articles for Crypto Assets

Govt has no timeline for regulatory guidelines for Virtual Digital Assets
1 week ago

Govt has no timeline for regulatory guidelines for Virtual Digital Assets

Live Mint  

New Delhi, December 16 : The government on Monday informed Lok Sabha that there is no anticipated timeline for the introduction of comprehensive regulatory guidelines for the Virtual Digital Assets industry in India. The government was asked by two members of Parliament whether it was taking steps to establish a comprehensive regulatory framework for the Virtual Digital Assets industry. The …

India Crypto Regulatory Assets G20 Vda Crypto Assets
Beyond Bitcoin: Top Crypto Assets To Track During BTC’s Record-Breaking Bull Run
2 weeks, 3 days ago

Beyond Bitcoin: Top Crypto Assets To Track During BTC’s Record-Breaking Bull Run

ABP News  

Bitcoin often grabs the spotlight during a bull market, and for good reason. However, while BTC serves as a strong foundation for any portfolio, it is essential to look beyond the market leader for assets that can potentially deliver higher gains. Let us explore some of the most promising crypto assets to watch during this market cycle and offer some …

Market Bitcoin Risk Investors Run Strong Bull
Mint Money Festival: Is it worth investing in cryptocurrencies, an unregulated asset class in India?
3 weeks, 4 days ago

Mint Money Festival: Is it worth investing in cryptocurrencies, an unregulated asset class in India?

Live Mint  

Imagine a fixed-income investment advisor who tried out crypto assets and then got converted. While Pande invested in crypto assets such as Bitcoin, Ethereum, Arbitrum and Uniswap, he continued his systematic investment plans in mutual funds, exchange traded funds and contributions to the National Pension System. It is an asset class for the young generation that understands technology, Ashish Singhal, …

India Blockchain Crypto Assets Bitcoin Cryptocurrencies Class
Bitcoin, cryptocurrencies not legal in India
Trending News
1 month ago

Bitcoin, cryptocurrencies not legal in India

Deccan Chronicle  

New Delhi: Bitcoin and cryptocurrency are in news again after allegations were levelled against Congress's Maharashtra president Nana Patole and NCP 's Supriya Sule of being involved in "illegal bitcoin activities" to fund their poll campaign. - Cryptocurrency has no intrinsic value and is not redeemable for another commodity, such as gold - has no physical form and exists only …

India Cryptocurrency International Collaboration Crypto Assets Bank Cryptocurrencies
Why Bitcoin, cryptocurrencies often face political heat? Virtual currency's legal status, its future explained
1 month ago

Why Bitcoin, cryptocurrencies often face political heat? Virtual currency's legal status, its future explained

India TV News  

Amit intense poll battle in Maharashtra, just a day before crucial voting in the state assembly elections, the Bharatiya Janata Party alleged National Congress Party leader Supriya Sule and state Congress chief Nana Patole's involvement in a cryptocurrency fraud. The Reserve Bank of India too has been skeptical about the use of private crypto assets and considers it as a …

India Cryptocurrency International Collaboration Crypto Assets Bank Bitcoin
Bitcoin has smashed records. Should you invest?
1 month ago

Bitcoin has smashed records. Should you invest?

CNN  

CNN — In the first quarter of this year, the price of bitcoin broke records in the wake of approval by the Securities and Exchange Commission for the first exchange-traded spot bitcoin funds. And some are even advocating for the US to create a strategic bitcoin reserve, which MicroStrategy executive chairman Michael Saylor told CNBC is a way for the …

Financial Bitcoin Risk Sec Porter Portfolio Option
Column: Molly White’s message for journalists going freelance — be ready for the pitfalls
1 month, 1 week ago

Column: Molly White’s message for journalists going freelance — be ready for the pitfalls

LA Times  

Molly White is the model of an indefatigable and intrepid journalist. — Molly White White’s warning is, in a nutshell: “It’s not for everyone.” Anyone who follows crypto scams is familiar with White’s work. I am the one in charge of weighing whether I should spring for the type of insurance that is standard fare for big outlets to protect …

Law Legal Independent Congress Crypto Assets Writers
Crypto industry wants Wazir X to reconsider its recovery plan after $230 million loss
4 months, 3 weeks ago

Crypto industry wants Wazir X to reconsider its recovery plan after $230 million loss

New Indian Express  

BENGALURU: Crypto exchange WazirX's proposed plan to socialise its loss has not gone down well with the crypto industry, which wants it to reconsider the approach. WazirX recently faced a security breach leading to a $230 million loss and said, "We are implementing a fair and transparent socialized loss strategy to distribute the impact across all users equitably." Vikram Subburaj, …

Loss Wazirx Breach Crypto Assets
Crypto exchange WazirX offers $23 mn bounty to help recover stolen assets
5 months ago

Crypto exchange WazirX offers $23 mn bounty to help recover stolen assets

New Indian Express  

BENGALURU: Crypto exchange WazirX on Sunday announced the launch of a comprehensive bounty program to recover the stolen funds. WazirX also invited white hat hackers, blockchain forensics experts, and cybersecurity professionals from around the world to join this mission. We remain committed to transparency and collaboration, reinforcing our dedication to a secure and resilient digital finance ecosystem,” said Nischal Shetty, …

Crypto Stolen Wazirx Bounty Program
Crypto Tax In India: The Current State & How Union Budget 2024 Can Help
5 months ago

Crypto Tax In India: The Current State & How Union Budget 2024 Can Help

ABP News  

As the global crypto markets are on a bull run, the excitement among Indian investors is also palpable. With the Union Budget 2024 on the horizon, understanding the current tax framework and anticipating potential changes can help investors make informed decisions and optimise their portfolios. Anticipated Changes In Union Budget 2024 As we approach the Union Budget 2024, several potential …

India Budget Indian Assets Union Capital Gains Investors
Bitcoin’s price is surging. What happens next?
9 months, 2 weeks ago

Bitcoin’s price is surging. What happens next?

Live Mint  

For a brief moment, everyone who owned bitcoin had made money from it. On January 10th the Securities and Exchange Commission, an American regulator, approved applications by ten investment firms, including BlackRock and Fidelity, to create bitcoin exchange-traded funds. For instance, even as tech stocks soared in the middle of 2021, bitcoin slumped after Elon Musk posted negative tweets about …

Crypto Gold Bitcoin Price Asset
SEC approves bitcoin ETFs for some investment firms
11 months, 1 week ago

SEC approves bitcoin ETFs for some investment firms

CNN  

New York CNN — After a false start Tuesday, the Securities and Exchange Commission gave its approval Wednesday for some investment companies to offer “spot bitcoin” exchange-traded funds. After the stock market close on Tuesday, a post on the SEC’s X account falsely claimed the regulatory agency had approved the listing and trading of spot bitcoin exchange-traded products. Those sentiments …

Crypto Trading Bitcoin Sec Gensler Crypto Assets Investment Firms
Dhanteras 2023: Looking To Invest In Crypto? Here’s What You Should Keep In Mind
1 year, 1 month ago

Dhanteras 2023: Looking To Invest In Crypto? Here’s What You Should Keep In Mind

ABP News  

By Vikram Subburaj Dhanteras is widely celebrated in India as an auspicious occasion to embark on new beginnings, particularly related to wealth and prosperity. A Modern Digital Investment As the global economy continues to recover from its macroeconomic challenges, the crypto market has emerged as an increasingly attractive option for investors seeking considerable returns. Given the above, global investors view …

Market Investment Crypto Assets Dhanteras Bitcoin Invest
A timeline of crypto regulations: From ‘illegal tender’ to G20’s nod
1 year, 2 months ago

A timeline of crypto regulations: From ‘illegal tender’ to G20’s nod

Live Mint  

Finance ministers of G20 nations have now adopted the synthesis paper released by Financial Stability Board and International Monetary Fund that carries a number of suggestions on regulations of cryptocurrencies. Here is the timeline of regulatory evolution that the digital currencies have undergone: Feb 1, 2018: Then Finance Minister Arun Jaitley, during the Budget Speech, said government did not consider …

Finance Crypto Bitcoin Cryptocurrencies G20 Rbi Nirmala Sitharaman
G20 finance leaders adopt roadmap on crypto assets
1 year, 2 months ago

G20 finance leaders adopt roadmap on crypto assets

Live Mint  

New Delhi: Finance ministers and central bank governors from G20 nations on Friday adopted a roadmap for regulating crypto assets proposed by the Financial Stability Board and the International Monetary Fund at their meeting at Marrakesh in Morocco. The ministers and central bank governors also decided in their joint communique to take forward key proposals from the New Delhi Leaders …

Indian Leaders G20 New Delhi Sitharaman Central Bank Governors Crypto Assets
India's G20 presidency: A watershed moment in crypto regulation
1 year, 2 months ago

India's G20 presidency: A watershed moment in crypto regulation

Hindustan Times  

In the annals of global diplomacy, India's tenure at the helm of the G20 presidency will be remembered as a period of significant milestones and transformative initiatives. From thriving in a rapidly expanding crypto sector to navigating hurdles such as high taxes, shadow bans on banks working with crypto companies, and the inclusion of cryptocurrency under the purview of PMLA, …

India Financial Crypto Crypto Assets G20 Presidency Synthesis
Chase bank bans crypto payments for UK customers
1 year, 2 months ago

Chase bank bans crypto payments for UK customers

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. JP Morgan’s …

Money Crypto Bank Chase Customers Its Customers Crypto Assets
Crypto Week Ahead: FTX’s Looming Liquidation Of Crypto Assets Dampens Market Sentiment
1 year, 3 months ago

Crypto Week Ahead: FTX’s Looming Liquidation Of Crypto Assets Dampens Market Sentiment

ABP News  

FTX, the embattled company whose meltdown caused the ongoing crypto winter appears to be in the news once again, as it looks to liquidate its crypto assets worth $3.4 billion. However, the recently concluded G20 Summit in New Delhi offered a positive outlook on crypto regulation as benefits of central bank digital currency in its official leaders’ statement. Check Out …

Market Crypto Assets Bitcoin Overall Price G20
As G-20 plans crypto regulatory framework, India may shelve plan for outright ban
1 year, 3 months ago

As G-20 plans crypto regulatory framework, India may shelve plan for outright ban

The Hindu  

With the G-20 countries agreeing to explore a coordinated regulatory framework for crypto assets, India could wait a while longer before firming up its domestic regulations for crypto currencies, and initiate a dialogue with stakeholders on the way forward. Any country can allow higher risks if they want, or ban it if they like, but whatever one does, it should …

India Crypto Regulatory Framework Ban Imf Crypto Assets Crypto Currencies
On the Finance Track, G-20 to push forward on crypto regulation, MDB reforms next month
1 year, 3 months ago

On the Finance Track, G-20 to push forward on crypto regulation, MDB reforms next month

The Hindu  

Paving the way for a co-ordinated global approach to regulating cryptocurrencies, strengthening multilateral development banks’ lending capacity and replicating the use of digital public infrastructure like the India Stack to expand financial inclusion around the world, were some of the 10 major outcomes achieved under the Finance Track of India’s G-20 presidency. G-20 Summit 2023 Sept. 9 updates Discussions on …

Global India Crypto Crypto Assets Regulation Roadmap Presidency Finance
India ’walked the talk’ under G20 presidency, says Sitharaman
1 year, 3 months ago

India ’walked the talk’ under G20 presidency, says Sitharaman

Live Mint  

New Delhi: India has 'walked the talk' to acheive its finance track objectives under its G20 presidency, finance minister Nirmala Sitharaman, said on Saturday. The key achievements of the finance track under the Indian G20 presidency include a plan to strengthen the Multilateral Development Banks to address shared challenges, laying down the building blocks for a globally coordinated policy and …

Finance Financial Financial Inclusion Regulatory Framework Sitharaman Framework Presidency
G20 Summit 2023 New Delhi Declaration Crypto Regulation Policy Global Consensus Emerging IMF FSB CBDC Digital Rupee
1 year, 3 months ago

G20 Summit 2023 New Delhi Declaration Crypto Regulation Policy Global Consensus Emerging IMF FSB CBDC Digital Rupee

ABP News  

Prime Minister Narendra Modi announced on Saturday that the G20 had achieved unanimous agreement on a leaders' declaration. Among other notable developments, it appears that the much-discussed global coordination on crypto regulation has taken a solid step forward, as Finance Minister Nirmala Sitharaman said that a “global consensus” is emerging on virtual digital asset policies. Sitharaman said, “Global push for …

Global Crypto New Delhi Imf Risks Fsb Cbdc
G20 summit 2023: Crypto market hopeful for constructive dialogue on global regulation
1 year, 3 months ago

G20 summit 2023: Crypto market hopeful for constructive dialogue on global regulation

India TV News  

As world leaders are gathering in India to attend G20 summit 2023, the crypto market is hopeful for a dialogue on the revival of the industry with a common regulation in place. Under the leadership of India's presidency, the G20 countries are reportedly poised to introduce what could be recognised as the first-of-their-kind regulations governing cryptocurrencies and crypto assets worldwide. …

Global India Market Regulation Regulations Crypto Assets
Explained | Why is the U.S. SEC cracking down on crypto exchanges?
1 year, 6 months ago

Explained | Why is the U.S. SEC cracking down on crypto exchanges?

The Hindu  

The story so far: The U.S. Securities and Exchange Commission is cracking down on cryptocurrency exchanges. Binance stressed its intention to defend itself “vigorously.” It pointed out that as a U.S. regulator, the SEC’s control over the trading platform was limited because Binance was not a U.S. company. “Any allegations that user assets on the Binance.US platform have ever been …

Cryptocurrency Crypto Trading Bitcoin Securities Investors Sec