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Inter-Ministerial panel recommends ban on cryptocurrency, govt to examine draft Bill

The Inter-Ministerial Committee was constituted in November 2017 under the chairmanship of Secy (EA), with Secy (MeiTY), Chairman (SEBI) and deputy Governor, RBI as members, to study the issues related to virtual currencies and propose specific action to be taken in this matter.

Jul 22, 2019, 18:01 PM IST

Facebook's digital coin set to run into rough weather

The move to launch 'Libra' comes at a time when Facebook is under intense pressure from regulators, shareholders and users to address privacy shortcomings. 

Jun 21, 2019, 15:03 PM IST

Man in Uttar Pradesh threatens to blow up Miami airport over Bitcoin complaint

The 18-year-old had purchased Bitcoins worth US$1,000 but was reportedly cheated in the process. He wanted FBI to take action.

Nov 03, 2018, 14:26 PM IST

Energy-intensive Bitcoin transactions pose environmental threat

Bitcoin and similar blockchain technologies consume more electricity than entire nations may prevent the world from achieving the climate change mitigation targets under the Paris Agreement, a study has warned.

Aug 01, 2018, 16:33 PM IST

Surat Bitcoin Extortion Case: In major development, Amreli SP arrested

In a major development, Amreli Superintendent of Police Jagdish Patel was arrested by CID (Crime) on Sunday in the Bitcoin extortion case of Surat-based builder Shailesh Bhatt. 

Apr 23, 2018, 09:15 AM IST

Google bans cryptocurrency advertising, bitcoin price slumps

Google said that it would ban ads for cryptocurrencies and related content such as initial coin offerings, crypto exchanges and cryptocurrency wallets.

Mar 15, 2018, 12:15 PM IST

Cryptocurrencies are failing as money, says Bank of England chief Mark Carney

Bitcoin prices have fallen sharply since December 2017.

Mar 02, 2018, 16:43 PM IST

Austrian bitcoin fraud sparks police search across Europe

Hundreds of people across Austria have complained of being defrauded by the 'Optioment' scheme dealing in the digital currency.

Feb 15, 2018, 23:28 PM IST

100,000 Bitcoin investors get notices from Income Tax Department

The Taxman sent notices to those people, who have invested in cryptocurrencies like Bitcoin without declaring these in their income tax returns,

Feb 06, 2018, 19:01 PM IST

Bitcoin slides below $6,000; half its value lost in 2018

The virtual currency hit a peak of almost $20,000 in December.

Feb 06, 2018, 14:45 PM IST

Bitcoin biggest bubble in human history, warns economist who predicted 2008 crash

Roubini has taken to twitter, showing bitcoin's historic run compared to others such as the infamous tulip bulbs.

Feb 05, 2018, 11:24 AM IST

Budget 2018: Govt doesn't consider cryptocurrencies as legal tender, says Jaitley

Last year, FM Jaitley had informed Parliament that there are no regulations governing virtual currencies in India.

Feb 01, 2018, 12:55 PM IST

Facebook bans Bitcoin, other cryptocurrency ads on its platforms

The new policy prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices

Jan 31, 2018, 09:59 AM IST

Bitcoin wallet devices vulnerable to security hacks: Study

Bitcoin is a form of digital currency that is supposed to provide a secure and private alternative to conventional money.

Jan 24, 2018, 13:01 PM IST

Bitcoin jolted by regulation worries, falls 7% on extended selloff

The price of the world`s biggest and best known cryptocurrency fell to as low as $10,567 on the Luxembourg-based Bitstamp exchange, not far from its six-week nadir of $10,162 touched the previous day.

Jan 17, 2018, 12:27 PM IST

Bitcoin slides 14% on crackdown fears, hits four-week low

Bitcoin slid on the news, trading as low as $11,730 on the Luxembourg-based Bitstamp exchange, down 13.6 percent on the day.

Jan 16, 2018, 15:09 PM IST

Bitcoin falls 30%, posts worst week since 2013

In the futures market, bitcoin one-month futures on Cboe Global Markets were earlier halted due to the steep price drop, while those trading on the CME hit the limit down threshold.

Dec 23, 2017, 14:46 PM IST

Bitcoin slips below $14,000, down 30% from record peak

The cryptocurrency, which was at about $1,000 at the year`s start, had surged to a record high of $19,666 on Sunday.

Dec 22, 2017, 12:53 PM IST

Goldman Sachs to set up cryptocurrency trading desk

The Wall Street bank aims to get the business running by the end of June.

Dec 22, 2017, 10:20 AM IST

Bitcoin suffers dramatic price plunge in Asia

The unit hit a record $19,500 at the start of the week.

Dec 20, 2017, 12:38 PM IST