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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

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

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

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

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

From dentistry to sex trade, entrepreneurs catch Bitcoin bug!

At least a dozen companies have been registered in various parts of the country with Bitcoin.

Dec 26, 2017, 15:03 PM IST

US woman laundered cryptocurrencies to fund IS

A woman from New York tried to fund the Islamic State (IS) terror group through Bitcoins and other cryptocurrencies, according to federal prosecutors.

Dec 15, 2017, 12:10 PM IST

RBI looking into cryptocurrencies, not comfortable with bitcoin

Bitcoin is a digital currency that enables individuals to transfer value to each other and pay for goods and services by-passing banks and the mainstream financial system.

Sep 13, 2017, 12:42 PM IST