Das also added that just like non-bank lenders the RBI was internally working on refining and strengtheni ...More

Das also added that just like non-bank lenders the RBI was internally working on refining and strengthening guidelines governing asset reconstruction companies. ...Less

China's biggest banks have promised to refuse to help customers trade Bitcoin and other cryptocurrencies ...More

China's biggest banks have promised to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of a government ban. ...Less

For more such web stories click on the ET icon below. ...More

For more such web stories click on the ET icon below. ...Less

The bill, one of the world's strictest policies against cryptocurrencies, would criminalise possession, i ...More

The bill, one of the world's strictest policies against cryptocurrencies, would criminalise possession, issuance, mining, trading and transferring crypto-assets. ...Less

China banning digital assets has already forced several miners to move out to other countries. And with l ...More

China banning digital assets has already forced several miners to move out to other countries. And with leading crypto-exchanges like Huobi having to drop the Chinese users, the Asian crypto juggernaut will inadvertently head towards India. ...Less

The OECD presented a framework for reporting crypto assets to the G-20 finance ministers in Washington la ...More

The OECD presented a framework for reporting crypto assets to the G-20 finance ministers in Washington last week. The think-tank is expected to soon start the implementation process for the proposed Crypto Asset Reporting Framework (CARF). ...Less

As the agencies use platforms like messaging app Telegram, the ban on cryptocurrency ads by Google and Fa ...More

As the agencies use platforms like messaging app Telegram, the ban on cryptocurrency ads by Google and Facebook will have little impact on companies planning for ICOs. ...Less

A U.S. bank regulator instructed lenders to pause direct involvement in crypto activities in 2022 and 202 ...More

A U.S. bank regulator instructed lenders to pause direct involvement in crypto activities in 2022 and 2023, without stopping them from offering banking services to crypto companies. Released FDIC documents, following a lawsuit by Coinbase, reveal a cautious approach towards crypto, amidst scams and volatility, without completely severing ties with the crypto sector. ...Less

It is not just the apex bank that has clamped down on virtual currencies, the government, too, has issued ...More

It is not just the apex bank that has clamped down on virtual currencies, the government, too, has issued stern warnings. ...Less

Bitcoin had dropped over the weekend amid a focus on Chinese mine closures and potential regulatory scrut ...More

Bitcoin had dropped over the weekend amid a focus on Chinese mine closures and potential regulatory scrutiny. Cryptomining is big business in China, accounting for more than half of global bitcoin production. ...Less

Here's a look at the top tech news to start your day. ...More

Here's a look at the top tech news to start your day. ...Less

In rupee terms, Bitcoin was up over 9 per cent, Ethereum 8 per cent and Dogecoin 5 per cent, data availab ...More

In rupee terms, Bitcoin was up over 9 per cent, Ethereum 8 per cent and Dogecoin 5 per cent, data available at WazirX showed. The sharp rally comes after a crash in the market last day after the news of ban on tokens. ...Less

Chase has become the latest lender in the UK to restrict customers' access to crypto amid long-running co ...More

Chase has become the latest lender in the UK to restrict customers' access to crypto amid long-running concerns over its use in online scams run by criminals ...Less

The RBI had on April 6, 2018 last year had said that it had repeatedly cautioned users, holders and trade ...More

The RBI had on April 6, 2018 last year had said that it had repeatedly cautioned users, holders and traders of virtual currencies. ...Less

Government departments have endorsed the idea of a complete ban on all types of cryptocurrency, sources s ...More

Government departments have endorsed the idea of a complete ban on all types of cryptocurrency, sources said. ...Less

Banning ‘cryptocurrencies’, better termed crypto assets, would also stop investment in companies that use ...More

Banning ‘cryptocurrencies’, better termed crypto assets, would also stop investment in companies that use crypto tokens to power their technology. ...Less

The RBI may appear to be open to new technology by looking for a fiat digital currency, but it appears to ...More

The RBI may appear to be open to new technology by looking for a fiat digital currency, but it appears to be on a road to nowhere ...Less

The overall outlook is mixed at this point in time as both BTC and ETH are trading sideways. November saw ...More

The overall outlook is mixed at this point in time as both BTC and ETH are trading sideways. November saw an impressive rally in the first two weeks, post which the market corrected, and since then it has been range-bound in a consolidatory phase. ...Less

Alternate coins Ripple, Ether and Litecoin advanced at least 3.5 per cent. ...More

Alternate coins Ripple, Ether and Litecoin advanced at least 3.5 per cent. ...Less

In most cases, the industry wants the government to regulate cryptocurrency exchanges rather than regulat ...More

In most cases, the industry wants the government to regulate cryptocurrency exchanges rather than regulating the crypto asset per se, said a lawyer who has made one such representation. ...Less

Central banks are all aware of the key risks. One, that ill-informed investors could get hurt, lured into ...More

Central banks are all aware of the key risks. One, that ill-informed investors could get hurt, lured into investing in a relatively volatile asset class they don't understand. Two, their monetary sovereignty and, therefore, the effectiveness of their policies could be dented. Three, that capital flight could hurt the entire capital management framework. Four, that crypto could well be a channel for illegal activity and tax evasion. ...Less

More actions are expected, including linking illegal crypto activities in China more directly with the co ...More

More actions are expected, including linking illegal crypto activities in China more directly with the country's criminal law, according to analysts and a financial regulator. ...Less

Here's a look at the top tech news to start your day. ...More

Here's a look at the top tech news to start your day. ...Less

Industry, investors fearing a drain of both talent and business in case of an adverse bill ...More

Industry, investors fearing a drain of both talent and business in case of an adverse bill ...Less

Greater transparency in law-making allows businesses to plan and be future-ready. ...More

Greater transparency in law-making allows businesses to plan and be future-ready. ...Less

Circulating and advertising digital currencies is banned in Russia, although using cryptocurrency for int ...More

Circulating and advertising digital currencies is banned in Russia, although using cryptocurrency for international payments is now legal, as is cryptocurrency mining. BestChange said new regulations around crypto could be behind the ban, or an issue with an entity using its service. ...Less

Previously, RBI governor Shaktikanta Das had said in a monetary policy press conference that private cryp ...More

Previously, RBI governor Shaktikanta Das had said in a monetary policy press conference that private cryptocurrencies were a threat to the macroeconomic and financial stability of the country, and investors should keep risks in mind as such assets have no underlying value whatsoever, "not even a tulip". ...Less

The groundwork for a ban on cryptocurrencies may have been unwittingly laid several years ago when the go ...More

The groundwork for a ban on cryptocurrencies may have been unwittingly laid several years ago when the government launched its Jan Dhan-Aadhaar-Mobile trinity in the early years of the first Modi government. ...Less

Most of the exchanges are exploring whether they could shift base to countries like Singapore, Delaware o ...More

Most of the exchanges are exploring whether they could shift base to countries like Singapore, Delaware or Belarus. ...Less

For those investors who are cautiously curious, here are ways to gain exposure to cryptocurrency without ...More

For those investors who are cautiously curious, here are ways to gain exposure to cryptocurrency without buying it, and if you do decide to purchase, how to lower your risk. ...Less

Most large banks have been allowing customers to trade on their platforms since SC order claim all crypto ...More

Most large banks have been allowing customers to trade on their platforms since SC order claim all cryptocurrency exchanges. ...Less

Speaking at a webinar organised by the National Stock Exchange (NSE) and New York University (NYU) Stern ...More

Speaking at a webinar organised by the National Stock Exchange (NSE) and New York University (NYU) Stern School of Business, Rao said India's case for issuing a central bank digital currency (CBDC) may not be strong as there are capital controls. ...Less

The comments come in light of what has been termed as confusing signals from the government on the crypto ...More

The comments come in light of what has been termed as confusing signals from the government on the cryptocurrencies. After announcing its intent to completely ban such currencies, which are very volatile in nature without any underlying principle guiding its values, the government had shown some openness to such currencies like Bitcoin. ...Less

Here's a look at the top tech news to start your day. ...More

Here's a look at the top tech news to start your day. ...Less

The crypto community welcomed Powell's comment, which came as a big sigh of relief for the industry. They ...More

The crypto community welcomed Powell's comment, which came as a big sigh of relief for the industry. They expect the development by the world's largest economy will neutralise the impact of China’s negative decision. ...Less

Norway plans a temporary ban on new crypto mining data centres using power-intensive tech to conserve ele ...More

Norway plans a temporary ban on new crypto mining data centres using power-intensive tech to conserve electricity for other industries. The government cites high energy use, low job creation, and aims to implement the ban by autumn 2025. ...Less

Bitcoin prices on Indian crypto exchanges fell 7-8% on Sunday afternoon after the government announced it ...More

Bitcoin prices on Indian crypto exchanges fell 7-8% on Sunday afternoon after the government announced it would introduce India's cryptocurrency bill in the budget session of the Parliament. ...Less

Prime Minister Narendra Modi led a review meeting on the digital currency on Saturday, and it was decided ...More

Prime Minister Narendra Modi led a review meeting on the digital currency on Saturday, and it was decided that the government will continue to proactively engage with experts and other stakeholders on the evolving technology, the people said, asking not to be identified. ...Less

India’s first cryptocurrency unicorn, CoinDCX, plans to pursue an initial public offering (IPO) as soon a ...More

India’s first cryptocurrency unicorn, CoinDCX, plans to pursue an initial public offering (IPO) as soon as government regulations allow it, cofounder Neeraj Khandelwal says. ...Less

The internet-search giant is also restricting ads for financial products including binary options. ...More

The internet-search giant is also restricting ads for financial products including binary options. ...Less

Bitcoin has dropped as much as 40% since reaching a record high of $4,921 on Sept. 1. ...More

Bitcoin has dropped as much as 40% since reaching a record high of $4,921 on Sept. 1. ...Less

Among the top 10 coins, Ethereum was the biggest gainer, up nearly 10.30 per cent. Solana, XRP and Bitcoi ...More

Among the top 10 coins, Ethereum was the biggest gainer, up nearly 10.30 per cent. Solana, XRP and Bitcoin rallied 4-7 per cent. Others were also in the green. Uniswap was among the biggest major gainers beyond the top 10 bracket, surging 32 per cent. ...Less

The RBI has been crying itself hoarse over these issues for some time, and now favours an outright crypto ...More

The RBI has been crying itself hoarse over these issues for some time, and now favours an outright cryptocurrency ban over the most stringent regulation. The regulator initially forbade local banks from dealing with cryptocurrency exchanges in 2018. But its circular was struck down by the Supreme Court in 2020 on the grounds of ‘disproportionality’. ...Less

Indian banks are tightening the noose on two fronts: shutting bitcoin exchange accounts and restricting c ...More

Indian banks are tightening the noose on two fronts: shutting bitcoin exchange accounts and restricting customers transacting in cryptocurrencies. ...Less

Check out what might matter on Dalal Street all through the day. ...More

Check out what might matter on Dalal Street all through the day. ...Less

Many of the 224 China-linked apps that India has banned since June 2020 continue to operate in India, acc ...More

Many of the 224 China-linked apps that India has banned since June 2020 continue to operate in India, according to industry insiders and privacy experts. ...Less

The Supreme Court’s move to lift an RBI ban on cryptocurrencies has shifted the focus to decentralised fi ...More

The Supreme Court’s move to lift an RBI ban on cryptocurrencies has shifted the focus to decentralised finance. These virtual currencies can change the way the banking and finance sector works. ...Less

In it, IFF highlighted that internet shutdowns are extremely common in India, citing reports by Top10VPN ...More

In it, IFF highlighted that internet shutdowns are extremely common in India, citing reports by Top10VPN and Access Now, and data from the Software Freedom Law Center and Meta. ...Less