The much-awaited bill purports to create a facilitative framework for the creation of the official digita ...More

The much-awaited bill purports to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India. ...Less

Crypto firms have been clamoring for such clarity from Congress, particularly as the Securities and Excha ...More

Crypto firms have been clamoring for such clarity from Congress, particularly as the Securities and Exchange Commission has taken a harder line, arguing most major crypto products are securities that must be registered and suing major exchanges ...Less

Regulators including the Reserve Bank of India (RBI) and Securities and Exchange Board of India (Sebi) ha ...More

Regulators including the Reserve Bank of India (RBI) and Securities and Exchange Board of India (Sebi) have raised concerns before a parliamentary panel about how some individual investors are collecting money in small towns - with business models resembling those of chit funds - for investing in crypto assets. ...Less

Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting st ...More

Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting strict rules around how digital information is stored and shared, said nations have the right to build and protect strategic digital infrastructure. ...Less

The issues being debated include the need for wider consultation and seeking comments from the public as ...More

The issues being debated include the need for wider consultation and seeking comments from the public as well as whether the Central Bank Digital Currency (CBDC) to be introduced by the RBI needs to be a part of this bill or should be dealt with under the RBI Act. ...Less

...More

...Less

“There is a lot of speculation around the definition of private cryptocurrency. What exactly is private c ...More

“There is a lot of speculation around the definition of private cryptocurrency. What exactly is private cryptocurrency is hard to understand because Bitcoin or other crypto assets are on the public ledger, on a public blockchain, not owned by any particular company to make it a private crypto. ” ...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

Crypto trading platform CoinDCX witnessed a 45.78 per cent spike in installed users between October and N ...More

Crypto trading platform CoinDCX witnessed a 45.78 per cent spike in installed users between October and November 2021 ...Less

According to sources, the government is likely to present the Cryptocurrency Bill in Parliament during th ...More

According to sources, the government is likely to present the Cryptocurrency Bill in Parliament during this budget session. A copy of the draft Bill has already been shared with PMO. ...Less

Adoption of blockchain also will not be affected but it can hurt startups and professionals in the shared ...More

Adoption of blockchain also will not be affected but it can hurt startups and professionals in the shared blockchain and cryptocurrency space, pushing them towards more favourable geographies, analysts say. ...Less

The focus will particularly be on defining cryptocurrencies as 'private' and 'public' as the government i ...More

The focus will particularly be on defining cryptocurrencies as 'private' and 'public' as the government is looking to allow public ones, such as those floated by countries, and ban private ones. ...Less

The legislation would also give New Delhi powers to monitor an exchange’s ledger for foreign exchange tra ...More

The legislation would also give New Delhi powers to monitor an exchange’s ledger for foreign exchange transfers. ...Less

Against the backdrop of the RBI governor's vehement opposition to cryptocurrency, GoI has to announce Ind ...More

Against the backdrop of the RBI governor's vehement opposition to cryptocurrency, GoI has to announce India's crypto policies soon. ...Less

The current spotlight on cryptos may, however, seem misplaced as all currencies, at all times, are crypto ...More

The current spotlight on cryptos may, however, seem misplaced as all currencies, at all times, are crypto, in that as mediums of exchange, they are based on a mutually agreed upon conspiracy regarding their intrinsic worth. ...Less

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 seeks to "create a facilitative ...More

The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 seeks to "create a facilitative framework" for the creation of the official digital currency to be issued by the Reserve Bank of India. ...Less

The chairman of the House Financial Services Committee, Representative Patrick McHenry, plans to introduc ...More

The chairman of the House Financial Services Committee, Representative Patrick McHenry, plans to introduce a comprehensive bill that outlines clear rules for the cryptocurrency industry. Regulating crypto products has been a hot topic among Republicans and Democrats as the Securities and Exchange Commission argues that most major crypto products are securities and should be registered. While McHenry has taken the initiative to lead this regulatory effort, Democrats on the panel are still considering the measure, with top Democrat, Representative Maxine Waters, worried that crypto exchanges receiving provisional registration could allow bad actors. ...Less

The Senate has passed the GENIUS Act, establishing a regulatory framework for stablecoins, marking a sign ...More

The Senate has passed the GENIUS Act, establishing a regulatory framework for stablecoins, marking a significant policy shift for the cryptocurrency industry. This bipartisan approval, driven by extensive lobbying, aims to legitimize the sector, though some Democrats express concerns over insufficient oversight and anti-corruption measures. ...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

"The journey of discovery that India is travelling in terms of regulating cryptocurrencies is one that mo ...More

"The journey of discovery that India is travelling in terms of regulating cryptocurrencies is one that most governments have to address and implement according to what is right for them at the time,” says an industry expert ...Less

The bill passed by the House Financial Services Committee would define when a cryptocurrency is a securit ...More

The bill passed by the House Financial Services Committee would define when a cryptocurrency is a security or a commodity and expand the Commodity Futures Trading Commission's (CFTC) oversight of the crypto industry, while clarifying the Securities and Exchange Commission's jurisdiction, as many crypto advocates complain of the agency's perceived overreach. ...Less

Having shifted the coins offshore using the Blockchain network to avoid stifling regulations, they have s ...More

Having shifted the coins offshore using the Blockchain network to avoid stifling regulations, they have sensed that sharing the information with Income tax (I-T) authorities could invite as much trouble as hiding it. ...Less

Terming the Centre’s bill as a response to the central bank’s concerns about macro-economic stability, th ...More

Terming the Centre’s bill as a response to the central bank’s concerns about macro-economic stability, the official said the “government’s response is not to ban cryptocurrencies but rather to provide cryptocurrency via the RBI.” ...Less

"There are four major classifications of crypto and it is a welcome move for the entire industry. We are ...More

"There are four major classifications of crypto and it is a welcome move for the entire industry. We are all excited; it is a great progress for the entire ecosystem." ...Less

The government also wants to wait for the pilot launch of Reserve Bank of India's digital currency, expec ...More

The government also wants to wait for the pilot launch of Reserve Bank of India's digital currency, expected in a few months. ...Less

Nishikant Dubey applauded the government’s stance on cryptocurrencies and praised the proposed 30% capita ...More

Nishikant Dubey applauded the government’s stance on cryptocurrencies and praised the proposed 30% capital gains tax and 1% TDS announced during the Union Budget, and praised the RBI for pushing to introduce the digital rupee. ...Less

Barring the dollar pegged USD Coin, all other nine out of the top 10 digital tokens were trading higher a ...More

Barring the dollar pegged USD Coin, all other nine out of the top 10 digital tokens were trading higher at 9.30 IST. Binance Coin led the gainers with a 8 per cent rally, followed by Ethereum and Cardano which gained 5 per cent each. ...Less

A back-of-the-envelope calculations suggest that a trader will be left with 60 per cent of their initial ...More

A back-of-the-envelope calculations suggest that a trader will be left with 60 per cent of their initial capital after TDS on 50 trades. This sucks out liquidity from the crypto ecosystem. ...Less

According to the summary of the bill, the Indian government is planning a "general prohibition on all act ...More

According to the summary of the bill, the Indian government is planning a "general prohibition on all activities by any individual on mining, generating, holding, selling, (or) dealing" in digital currencies as a "medium of exchange, store of value and a unit of account". ...Less

The crypto chaos triggered by a Lok Sabha bulletin last week has given way to speculation on what India’s ...More

The crypto chaos triggered by a Lok Sabha bulletin last week has given way to speculation on what India’s Cryptocurrency Bill—to be tabled in the ongoing session of Parliament—will actually contain. ...Less

Depending on how the bill defines crypto and how its treatment follows from that in terms of taxation and ...More

Depending on how the bill defines crypto and how its treatment follows from that in terms of taxation and regulation, the cryptoverse may choose their play. If they find the definition and ensuing rules etc favourable to their businesses, they may want to position their products as valid cryptos. ...Less

Industry watchers said the government’s definition of ‘private’ could imply that any digital currency tha ...More

Industry watchers said the government’s definition of ‘private’ could imply that any digital currency that is not sovereign could be seen as a ‘private’ currency, including Bitcoin. ...Less

The 'Cryptocurrency and Regulation of Official Digital Currency Bill' is now expected to be introduced in ...More

The 'Cryptocurrency and Regulation of Official Digital Currency Bill' is now expected to be introduced in the Budget session of Parliament beginning January 31. ...Less

The measure would stipulate that the CFTC, not the Securities and Exchange Commission, play the primary r ...More

The measure would stipulate that the CFTC, not the Securities and Exchange Commission, play the primary role in regulating crypto products, most of which the senators said operate more like commodities than securities. ...Less

Finance minister Nirmala Sitharaman said the new Bill takes into account the rapidly changing dimensions ...More

Finance minister Nirmala Sitharaman said the new Bill takes into account the rapidly changing dimensions in virtual currency space, and incorporate features of the earlier Bill that could not be taken up. ...Less

Policy makers left themselves some wiggle room when they posted a description of the bill on parliament’s ...More

Policy makers left themselves some wiggle room when they posted a description of the bill on parliament’s website late Tuesday, by saying the bill seeks to prohibit all private cryptocurrencies except “certain exceptions to promote the underlying technology of cryptocurrency and its uses.” ...Less

While India awaits its Cryptocurrency Bill, here’s a look at crypto regulations in five countries, two of ...More

While India awaits its Cryptocurrency Bill, here’s a look at crypto regulations in five countries, two of which are crypto-friendly, two crypto-hostile, and one that’s just crypto-confused. ...Less

Ambani explained that in a ‘digital-first’ world, “No one will be last, and no human being will be left b ...More

Ambani explained that in a ‘digital-first’ world, “No one will be last, and no human being will be left behind," adding that it will also be a 'planet-first' world. "Everything will first be digital and then get physically transformed. There will be drastic cost reduction in the coming years.” ...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

To begin with, the government may provide a broad outline on NFTs from a regulatory point of view and thr ...More

To begin with, the government may provide a broad outline on NFTs from a regulatory point of view and throw some light on how they should be taxed, said one of the persons. Many Indians, including celebrities, have clambered aboard the NFT bandwagon lately. ...Less

An inter-ministerial panel on cryptocurrency, under the secretary (economic affairs), had studies issues ...More

An inter-ministerial panel on cryptocurrency, under the secretary (economic affairs), had studies issues around virtual currencies and proposed specific actions in its report. ...Less

Touted as the most important asset class of the 21st century, more than 1.5 crore Indians are currently h ...More

Touted as the most important asset class of the 21st century, more than 1.5 crore Indians are currently holding over Rs 1,500 crore worth crypto assets. ...Less

Exchanges reach out to government, claim ban will trigger a spurt in illegal activities ...More

Exchanges reach out to government, claim ban will trigger a spurt in illegal activities ...Less

Underlining that both the government and the RBI are "committed to financial stability", RBI Governor Sha ...More

Underlining that both the government and the RBI are "committed to financial stability", RBI Governor Shaktikanta Das had said there are no differences between the central bank and the Finance Ministry on the matter, and "we should now await the final decision on the matter" from the Centre. ...Less

Swiggy is in talks to close a $700-800 million funding round, even as Zomato IPO plans take shape. Contou ...More

Swiggy is in talks to close a $700-800 million funding round, even as Zomato IPO plans take shape. Contours of India’s Cryptocurrency Bill may trigger legal tussle. Carmakers are scouting Mahindra Electric for the powertrain that will go into XUV 300 EV. ...Less

"It will have to take its time...all of us to be sure that at least with a given available information, w ...More

"It will have to take its time...all of us to be sure that at least with a given available information, we're taking the decern decision. It can't be rushed through," she said. ...Less

Speaking about cryptocurrency, Seth on Monday told reporters, "Our consultation paper is fairly ready. We ...More

Speaking about cryptocurrency, Seth on Monday told reporters, "Our consultation paper is fairly ready. We have gone into a deep dive into this." He did not mention when it is likely to be put out. Sources, though, told ET that it can be expected in August. ...Less

Indian holders of cryptocurrency went into panic-selling mode, flooding the exchanges at midnight after b ...More

Indian holders of cryptocurrency went into panic-selling mode, flooding the exchanges at midnight after being spooked by the wording of a government release that implied a ban on all private virtual coin. ...Less

India's oldest crypto exchange, Unocoin, for instance, continues to let users recharge their Fastag accou ...More

India's oldest crypto exchange, Unocoin, for instance, continues to let users recharge their Fastag accounts using Bitcoin. It also allows Bitcoin transactions for bill payments and ecommerce. ...Less

The Bill is eagerly awaited so as to understand the GoI's position on blockchain products. They differ fr ...More

The Bill is eagerly awaited so as to understand the GoI's position on blockchain products. They differ from cryptocurrencies by being intangible assets backed by blockchain technology. Crypto-backed technology is essential for the future and how the government intends to regulate its products is something we must know. Questions also arise on whether crypto-assets can be purchased outside India under the Liberalised Remittance Scheme (LRS) route, or whether this will be restricted. ...Less

We’d leave the year-end musings for a later edition of the newsletter but for now, we have a mix of scoop ...More

We’d leave the year-end musings for a later edition of the newsletter but for now, we have a mix of scooplets, exclusives, and a deep dive into Paytm’s IPO to charge you up for a brand new week. ...Less

Unprecedented interest from retail as well as risk investors has made 2021 the year of cryptocurrency in ...More

Unprecedented interest from retail as well as risk investors has made 2021 the year of cryptocurrency in India, much like the rest of the world. This has also pushed regulators to take note. ...Less

The government's current plan includes creating a broad framework around crypto assets that would give th ...More

The government's current plan includes creating a broad framework around crypto assets that would give them legal credence in India. ...Less

The renowned investor argued that Bitcoin’s value may lie in perception and in diversification. ...More

The renowned investor argued that Bitcoin’s value may lie in perception and in diversification. ...Less

India must, however, have a more nuanced approach to deal with cryptos. First, India cannot ignore a pote ...More

India must, however, have a more nuanced approach to deal with cryptos. First, India cannot ignore a potentially vast source of revenue that cryptos represent. For a country where public spending is still the primary driver of progress and infrastructure, an accepting approach to cryptos may help tap into this tantalising source. ...Less

The regulator’s comment comes after Invesco Mutual Fund withdrew the launch of its Blockchain fund that a ...More

The regulator’s comment comes after Invesco Mutual Fund withdrew the launch of its Blockchain fund that aimed to invest in companies that are part of the blockchain ecosystem. The fund of fund was set to provide Indian investors a route for investing in such new-age companies listed abroad. ...Less

The view in the govt is that crypto cannot be permitted as a currency, but stringent regulation can be pu ...More

The view in the govt is that crypto cannot be permitted as a currency, but stringent regulation can be put in place to allow them to be held as assets. ...Less

Das, who was speaking at the Indian Express-Financial Times event, reiterated that the central bank has “ ...More

Das, who was speaking at the Indian Express-Financial Times event, reiterated that the central bank has “serious” and “major” concerns about cryptocurrencies and their impact on the financial stability in the country. ...Less

India’s cryptocurrency bill will almost certainly ban digital assets from being used as currencies but ma ...More

India’s cryptocurrency bill will almost certainly ban digital assets from being used as currencies but may allow them to be held as assets, according to the latest reports. A small but growing number of businesses continue to let customers pay for goods and services in Bitcoin and other cryptocurrencies. ...Less

The government wants to wait for the pilot launch of the Reserve Bank of India’s digital currency expecte ...More

The government wants to wait for the pilot launch of the Reserve Bank of India’s digital currency expected in a few months before introducing the crypto bill in parliament. ...Less

The issue cropped up in a criminal case where the accused is facing charges of defrauding people in a cry ...More

The issue cropped up in a criminal case where the accused is facing charges of defrauding people in a crypto-currency scam. ...Less

Industry experts are hoping that the segment would get some clarity after the proposed cryptocurrency bil ...More

Industry experts are hoping that the segment would get some clarity after the proposed cryptocurrency bill gets cleared in Parliament during the ongoing session. The bill aims to roll out the regulatory framework such as legal status, classification and taxation of digital assets. ...Less

The agency has been investigating cases where drugs were bought using bitcoin, and recently it arrested M ...More

The agency has been investigating cases where drugs were bought using bitcoin, and recently it arrested Makarand Pardeep Adivirkar, who is known as "crypto king" in Mumbai for allegedly using bitcoins to buy contraband. ...Less

CryptoBiz enables traders to switch between different cryptocurrencies while trading to optimise and mult ...More

CryptoBiz enables traders to switch between different cryptocurrencies while trading to optimise and multiply their income. ...Less

Bulk of the investors about 70 per cent or even more have invested about Rs 1000-Rs3000, perhaps there is ...More

Bulk of the investors about 70 per cent or even more have invested about Rs 1000-Rs3000, perhaps there is an effort to enroll as many people as possible, Das said. ...Less

Bitcoin has enjoyed a strong upward momentum with investors cautious about the US government shutdown. ...More

Bitcoin has enjoyed a strong upward momentum with investors cautious about the US government shutdown. ...Less

A cryptic communication in the Lok Sabha bulletin has pushed the crypto community in India towards its mo ...More

A cryptic communication in the Lok Sabha bulletin has pushed the crypto community in India towards its moment of truth. Never before has the mere description of a Bill that would be introduced in Parliament caused a bloodbath in a market. ...Less

The Genius Act establishes a clear regulatory framework for the issuance of “payment stablecoins” and est ...More

The Genius Act establishes a clear regulatory framework for the issuance of “payment stablecoins” and establishes clear boundaries for which digital currencies could be referred to as stablecoins. With the Genius Act signed into law, banks, nonbanks and credit unions can dive into the market by issuing their own stablecoins. ...Less

India's tech and startup industry will watch out for cues in Finance Minister Nirmala Sitharaman's Budget ...More

India's tech and startup industry will watch out for cues in Finance Minister Nirmala Sitharaman's Budget 2021 that will give shape to their ecosystem's post-pandemic future. ...Less

Indian cryptocurrency exchange and trading platforms have seen a 4x surge in the number of deposit reques ...More

Indian cryptocurrency exchange and trading platforms have seen a 4x surge in the number of deposit requests. The rise came within 24 hours of Tesla’s announcement of buying Bitcoin worth $1.5 billion and that it may accept the cryptocurrency as a payment option. ...Less

Exchanges have begun M&A talks with Indian and foreign players ...More

Exchanges have begun M&A talks with Indian and foreign players ...Less

India's cryptocurrency bill may not be introduced in the current session of Parliament, we reported yeste ...More

India's cryptocurrency bill may not be introduced in the current session of Parliament, we reported yesterday, but it seems the crypto industry has been well and truly spooked by reports of its contents. ...Less

Companies currently have to disclose any holdings or dealings in cryptocurrencies or crypto assets in the ...More

Companies currently have to disclose any holdings or dealings in cryptocurrencies or crypto assets in their filings with the Registrar of Companies (RoC). ...Less

Issuance of Indian Rupee in the digital format by RBI means it will have the status of legal tender as it ...More

Issuance of Indian Rupee in the digital format by RBI means it will have the status of legal tender as it is different from a decentralized private virtual currency. ...Less

Several finance ministry officials, the RBI, tax departments and investigating agencies including the Fin ...More

Several finance ministry officials, the RBI, tax departments and investigating agencies including the Financial Intelligence Unit (FIU) have raised concerns around how in its current form cryptocurrencies are a "systemic risk" not just to the security but even the Indian economy. ...Less

With the cryptocurrency bill expected to be introduced in the ongoing session of Parliament, various stak ...More

With the cryptocurrency bill expected to be introduced in the ongoing session of Parliament, various stakeholders have been urging the government not to ban these assets entirely. ...Less

Now, having listed the bill for the winter session, the government may back out again for – you guessed i ...More

Now, having listed the bill for the winter session, the government may back out again for – you guessed it – more reworking. Crypto deja vu, anyone? ...Less

In the letter, IndiaTech has appealed to the government to tweak existing tax laws to include crypto asse ...More

In the letter, IndiaTech has appealed to the government to tweak existing tax laws to include crypto assets, and sought clarity on the method of taxation and their disclosures. ...Less

The global crypto market cap hovered near the $2.15 trillion mark, declining marginally compared to the l ...More

The global crypto market cap hovered near the $2.15 trillion mark, declining marginally compared to the last day. However, the total crypto market volume jumped more than 14 per cent higher to $114.92 billion. ...Less

Happy New Year! ETtech Morning Dispatch is back and raring to go after a week-long break. As part of a se ...More

Happy New Year! ETtech Morning Dispatch is back and raring to go after a week-long break. As part of a series we are calling 20:22 Vision, we take a look at the trends that will shape ecommerce, Web3 and crypto in India this year. ...Less

Industry trackers say while HNIs and family offices may look to hedge their cryptocurrency bets amid regu ...More

Industry trackers say while HNIs and family offices may look to hedge their cryptocurrency bets amid regulatory uncertainty in India, this could lead to some regulatory complications. ...Less

The government has smartly sidestepped on the legality of cryptocurrencies while showing its disinclinati ...More

The government has smartly sidestepped on the legality of cryptocurrencies while showing its disinclination to support these, by levying a huge tax burden on those making money from such virtual digital assets, as the Finance Bill has tried to define it. ...Less

Actors, online influencers insert additional indemnity clauses in their contracts with crypto exchanges ...More

Actors, online influencers insert additional indemnity clauses in their contracts with crypto exchanges ...Less

The central bank has stated that its internal panel is working on a model for a digital rupee and may soo ...More

The central bank has stated that its internal panel is working on a model for a digital rupee and may soon launch a trial run for the digital currency. CBDC, however, may require a change in approach from the central bank. ...Less

As with stocks, crypto punters’ ‘penny’ coin bets carry higher chances of a crash than the promise of mul ...More

As with stocks, crypto punters’ ‘penny’ coin bets carry higher chances of a crash than the promise of multibagger returns. ...Less

The report, which ranked 154 countries, said that worldwide crypto adoption rose over 881% in the last ye ...More

The report, which ranked 154 countries, said that worldwide crypto adoption rose over 881% in the last year. ...Less

Kamath said market returns will be more sensitive to aspects of cyclicity and seasonality, unlike recent ...More

Kamath said market returns will be more sensitive to aspects of cyclicity and seasonality, unlike recent times ...Less

An industry body made up of crypto selling platforms may appoint tax experts from Big Four audit firms fo ...More

An industry body made up of crypto selling platforms may appoint tax experts from Big Four audit firms for guidance, add warning labels while onboarding new customers. ...Less

The delay in the launch of crypto-related mutual funds is a setback for investors looking to diversify th ...More

The delay in the launch of crypto-related mutual funds is a setback for investors looking to diversify their portfolios using the riskier asset class. ...Less

According to Coinmarketcap, the impact of the recent fall has dragged down the market capitalisation of v ...More

According to Coinmarketcap, the impact of the recent fall has dragged down the market capitalisation of virtual tokens by about 35 per cent. ...Less

Whatever the new crypto law holds, self-styled crypto exchanges must be forced to reveal facts about oper ...More

Whatever the new crypto law holds, self-styled crypto exchanges must be forced to reveal facts about operations urgently. Is there any verifiable proof that the underlying cryptocurrencies actually exist in possession of the exchanges? ...Less

The global cryptocurrency market cap was trading sharply lower at the $1.26 trillion mark, rallying more ...More

The global cryptocurrency market cap was trading sharply lower at the $1.26 trillion mark, rallying more than 4 per cent in the last 24 hours. However, the total cryptocurrency trading volume zoomed about 4 per cent to $84.4 billion. ...Less

Government could also put in place a uniform KYC process for exchanges ...More

Government could also put in place a uniform KYC process for exchanges ...Less

Netero Dai, Asia CEO, OKEx, said Bitcoin and Ether's impressive rally has been a major factor in driving ...More

Netero Dai, Asia CEO, OKEx, said Bitcoin and Ether's impressive rally has been a major factor in driving the overall growth of crypto assets around the globe. Further, inflation is the biggest enemy of investments and crypto assets provide a strong hedge against it, she added. ...Less

For the Indian investor, with cryptocurrency comes hesitancy, particularly in the face of hostility from ...More

For the Indian investor, with cryptocurrency comes hesitancy, particularly in the face of hostility from the Reserve Bank and the Finance Ministry. However, investments in crypto have grown from around $200 million to nearly $40 billion in the past year, as per Chainalysis. ...Less

A report from Statista shows that the Indian cryptocurrency market is likely to touch $222.70 million by ...More

A report from Statista shows that the Indian cryptocurrency market is likely to touch $222.70 million by 2023 making it crystal clear that cryptocurrency is here to stay. Blockchain, and Web 3.0, the core technologies behind crypto have been already implemented across industries and are thought to be the foundation of the next big Metaverse trend. ...Less

ASCI, in its order, observed that advertising for VDAs, commonly referred to as crypto or NFT products, h ...More

ASCI, in its order, observed that advertising for VDAs, commonly referred to as crypto or NFT products, has been very aggressive over the past few months and said that several advertisements have failed to disclose risk associated. ...Less

Barring Bitcoin and Polkadot, all other eight out of the top 10 digital tokens were trading higher at 9.3 ...More

Barring Bitcoin and Polkadot, all other eight out of the top 10 digital tokens were trading higher at 9.30 IST. Terra zoomed 11 per cent while Binance Coin gained 5 per cent. ...Less

Dubbed as 'Omicron', the new virus variant has found itself in the list of ‘variant of concern’. The anno ...More

Dubbed as 'Omicron', the new virus variant has found itself in the list of ‘variant of concern’. The announcement from the United Nations health agency, post-market hours of Friday, marks the first time in months that WHO has classified a Covid-19 variant as such. ...Less