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MECHANISM TO REGULATE CRYPTOCURRENCIES
ED searches Bengaluru firms over alleged crypto-linked cross-border money transfers; probe estimates over Rs 2,500 croreBengaluru's Enforcement Directorate has raided six locations over alleged illegal cross-border money transfers exceeding Rs 2,500 crore usi...
Parliamentary panel expresses concern over investments in cryptocurrenciesA parliamentary panel has expressed alarm over thousands of crores invested in virtual digital assets. The committee is studying global app...
Kalshi, Polymarket defy India ban on online betting platformsDespite India's technology ministry warning that prediction markets like Polymarket and Kalshi are illegal, customers in India continue to ...
Curb your overenthusiasm: Why India must avoid early overregulation while drafting rules for new techIndia faces a critical choice in regulating new industries like AI and genomics. Overly cautious, ex-ante regulations, similar to the histo...
Trump's new front against Iran: The US hunts hidden crypto networksAmerica's Operation Epic Fury is now Operation Economic Fury. The US is targeting Iran's cryptocurrency networks. This aims to stop Iran fr...
Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
Supreme Court turns down plea for cryptocurrency regulationsThe counsel appearing for the petitioners told the two-judge Supreme Court bench that several complaints were filed across the country over...
Supreme Court says no to plea for regulatory framework on cryptocurrenciesThe Supreme Court declined to examine a plea seeking cryptocurrency regulation, stating it's a policy matter for lawmakers. The court empha...
How stablecoins serve as a bridge between crypto and fiat: Insights from Anush JaferStablecoins are crucial in cryptocurrency, offering stable value by being pegged to assets like fiat currencies or other cryptocurrencies. ...
Yet to finalise mechanism for regulating cryptocurrencies: Centre to SCA bench of justices Surya Kant and KV Viswanathan was told by Additional Solicitor General Vikramjit Banerjee, appearing for the Centre, th...
Yet to finalise mechanism for regulating cryptocurrencies: Centre to SCThe Centre has informed the Supreme Court that it is yet to decide on a mechanism to regulate cryptocurrencies and investigate related offe...
Is the recent crash a shot in the arm for RBI's stand on not allowing private cryptocurrencies?In an exclusive conversation with The Economic Times, the RBI governor Shaktikanta Das said that cryptos are speculative and "you cannot re...
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...
Cryptocurrency regulation needs collective efforts, says Finance Minister SitharamanThe minister's comments assume importance as the government looks to introduce a bill on cryptocurrencies in the ongoing winter session of ...
Price arbitrage a new worry as several crypto platforms crop upSources close to the discussions told ET that concerns are being raised around the number of cryptocurrency exchanges operating out of Indi...
Cryptocurrency Needs Calibrated PolicyThe government should make it clear that if people choose to gamble with their savings and end up losers, they have only themselves to blam...
Govt should establish a regulatory mechanism for Cryptocurrency: IAMAIThe industry body has appealed to the Government of India not to ban cryptocurrency, proposing instead to develop mechanisms to regulate th...
Sebi sends officials overseas to study cryptocurrencies, initial coin offeringCrypto-investors have filed a complaint against the RBI ban. The final hearing of the case is scheduled for September 11.
Do Jaitley’s Budget remarks sound a death knell for cryptocurrencies in India?Cryptocurrencies came into limelight after giving stupendous returns to investors in 2017.
When picking crypto winners, don't think long termElectronic money is to paper what paper is to gold -- cheaper to produce, transport and store.