Articles for Crypto Currencies

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges
Trending News
1 week, 3 days ago

Elon Musk says SEC orders him to pay fine over Twitter purchase or face charges

CNN  

New York CNN — Elon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler. Musk posted a letter sent from his attorney Alex Spiro to Gensler in which he said that the agency demanded that Musk agree within 48 hours to pay a fine related to his failure to disclose his initial …

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Crypto currencies have no underlying value, says RBI official
10 months, 1 week ago

Crypto currencies have no underlying value, says RBI official

The Hindu  

Crypto currencies cannot be referred to as "currencies" as they have no underlying value, a central bank official said. "Crypto currencies cannot be called currencies as they don't have any underlying value," P Vasudevan, an executive director at the RBI, said during a panel discussion organised by IIM-Kozhikode here. Ultimately it is a call that the government has to take …

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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
Global experiments with digital currency: Do stable coins have a role to play?
3 years ago

Global experiments with digital currency: Do stable coins have a role to play?

Hindustan Times  

We’ll soon hear the clink of the digital rupee to keep up with the era of the cryptocurrency. A lot needs to be worked out in due course, including a new definition for a bank note to account for the incoming digital currency as well as the small matter of stability and risk elimination, something crypto currencies don’t do very …

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Does RBI’s Digital Currency Affect The Future of Crypto in India?
3 years, 2 months ago

Does RBI’s Digital Currency Affect The Future of Crypto in India?

The Quint  

2021 has been a turning point for cryptocurrency. Amid the soaring popularity of cryptocurrency, evident through the rapidly growing user base on crypto trading platforms like CoinSwitch Kuber, and the COVID-19 pandemic pushing the usage of digital payments, the Central Banks around the world are exploring digital currencies that can be issued by them. The People’s Bank of China has …

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Govt Committee Suggests Ban on All Private Cryptocurrencies Except Those Issued by State: FM Sitharaman
3 years, 10 months ago

Govt Committee Suggests Ban on All Private Cryptocurrencies Except Those Issued by State: FM Sitharaman

News 18  

Union Finance Minister Nirmala Sitharaman said on Tuesday that a high-level committee suggested that all the private cryptocurrencies, except any virtual currencies issued by state, will be prohibited in India. “A high-level Inter-Ministerial Committee constituted under the Chairmanship of Secretary to study the issues related to virtual currencies and propose specific actions to be taken in the matter recommended in …

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