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BITCOIN ILLEGAL
3 legal and regulatory challenges surrounding the use of cryptocurrenciesCrypto assets have moved from a niche product segment used by cypherpunks to having a more mainstream presence as instruments for savings a...
US lays claim to $1 billion in bitcoin stolen from Silk RoadIn the second largest seizure in Department of Justice history, law enforcement seized the 50,000 Bitcoin during a November 2021 search of ...
What's new in China's crackdown on crypto?While China has been putting in place increasingly stricter rules on virtual currencies, it has now made all activities related to them ill...
USD 60 million in virtual currency hacked in JapanJapan-based exchange Coincheck suspended deposits and withdrawal for virtual currencies
RBI bans Bitcoin and other virtual currencies, investors concerned for tax duesBitcoin exchanges such as Zebpay and CoinSecure saw a spike in transaction volumes of about 40%, with about 90% of that being on the sell s...
Bitcoin hits 2-month low in India on Jaitley’s Budget commentsFM said that the government will explore use of blockchain technology proactively.
Budget 2018: Crypto cash not legal; but wait, it’s not illegalJaitley made it clear that the government is not against blockchain, the technology that underpins cryptocurrencies.
FM Arun Jaitley settles the Bitcoin issue for once and for allThe government does not consider cryptocurrencies as legal tender or coin and will take all measures to eliminate use of these cryptoassets...
Here's why India has decided to crank up its crackdown against BitcoinsThe tax department is set to issue notices to 4 to 5 lakh high networth individuals across India who were trading on bitcoin exchanges.
7 reasons why you should not invest in bitcoins, cryptocurrenciesInvestors’ honeymoon with cryptocurrencies seems to be ending. After rallying significantly since the beginning of 2017, prices have now st...
Bitcoins are neither legal nor illegal in India: S P Sharma, PHD Chamber of Commerce and IndustryThe drastic rise in bitcoin was followed by severe volatility, which will be major challenge going forward, says S P Sharma, PHD Chamber of...
- Use of Bitcoin illegal, can attract anti-money laundering law
The RBI has already cautioned users, holders and traders of virtual currency, including Bitcoin, about the potential financial, legal and s...
Intelligence agencies warn government of Bitcoin misuseAgencies have also apprised that in some countries virtual currency platforms such as Silk Road and Liberty Reserve were tried as money tra...
Bitcoins may help grow world trade, says expertBitcoins, the biggest among all virtual currencies, represented 'denationalised money' and was being increasingly used in many transactions.
Top Bitcoin executives charged with money laundering in USThe company was designed to enable customers to exchange cash for Bitcoins anonymously, and it charged a fee for its service.
Bitcoins Alliance India advices public to keep off, seeks legal clarityThe body sought clarity on the legality of the instrument, conceding that this business is extremely volatile and common people should stay...
'Bitcoin' becoming a bit too big; regulators scramble for normsRegulators fear that this new phenomenon can give rise to a new kind of illegal investment schemes that could be very difficult to track an...