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CRYPTO TRADING BAN
Explained: Why a Pakistani cleric issued fatwa against crypto trading and why it is spooking investorsA prominent Pakistani Islamic cleric has issued a fatwa declaring cryptocurrency trading haram under Sharia law. Mufti Muhammad Taqi Usmani...- Pakistan cleric’s fatwa sparks multi-market crypto panicSome religious investors in key markets like Pakistan, India, and the UAE dumped their entire holdings over the past 48 hours, founders and...
- RBI backs crypto ban, tax department warns of evasion risks, documents showIndia's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibition," warning that crypto assets an...
- RBI tells parliamentary panel that virtual digital assets like cryptocurrency a threat to economyThe Reserve Bank of India has informed a parliamentary panel that virtual digital assets like cryptocurrency pose a threat to India's devel...
- UK investors sue Binance in London for £150 millionThe claimants, some of whom said they had lost tens of thousands of pounds, allege Binance entities knowingly sold investments such as le...
- How global scammers use US tech to fleece peopleIndian scammer Safeer Koorimannil reveals how AI from American tech giants fuels global fraud rings in Myanmar. Trafficked to a scam center...
- America at 250: Why Trump's second term is reviving fears of an 'imperial presidency'As America marks its 250th anniversary, President Trump's actions have drawn comparisons to monarchy, with critics pointing to his use of p...
- Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
- Honduras watchdog bans institutions from trading cryptoThe resolution bans institutions under its supervision to "maintain, invest, intermediate or trade in cyptocurrencies, crypto-assets, virtu...
- Nigerian central bank lifts ban on crypto tradingThe Central Bank of Nigeria (CBN) in February 2021 barred banks and financial institutions from dealing in or facilitating transactions in ...
- Nigerian central bank lifts ban on crypto tradingThe Central Bank of Nigeria (CBN) in Feb. 2021 barred banks and financial institutions from dealing in or facilitating transactions in cryp...
- Banks seek formal NPCI note on crypto UPI curbsThe banks, some of which are shareholders of NPCI, raised the issue at a recent meeting after the payments body expressed its reservations ...
- Fear, uncertainty, doubt now grip new cryptocurrency investorsCrypto exchanges onboarded the largest number of investors this calendar year. So, there is a big chunk of young, inexperienced, and worrie...
- Full ban or limited nod? India confronts a cryptocurrency Catch-22Several finance ministry officials, the RBI, tax departments and investigating agencies including the Financial Intelligence Unit (FIU) hav...
- Crypto trade among bourses may be bannedThe legislation would also give New Delhi powers to monitor an exchange’s ledger for foreign exchange transfers.
- Crypto investors may switch to peer-to-peer transfer in case of banExchanges reach out to government, claim ban will trigger a spurt in illegal activities
- Cryptos back in currency. But are they smart investments?According to several crypto-exchange owners, the rush of retail investors (HNIs and small retail) started after the Supreme Court lifted th...
- Check crypto trade, ban won’t helpIt would be a pity to slam the door on innovation & technology spinoffs.
- Can India really ban bitcoin? Is it possible at all to do so?If you read the RBI circular, they have never used the words "ban" pertaining to bitcoins.
- Can India really ban bitcoin? Is it possible at all to do so?If you read the RBI circular, they have never used the words "ban" pertaining to bitcoins.
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