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RBI ON CRYPTOCURRENCY
Operation Octopus: Trapping the tentacles of India’s cyber fraud networkAmidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...- 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...
- As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
- 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...
- HDFC Bank alerts clients on card swipe for overseas dealsIn recent times many resident individuals, banking with various financial institutions, have used cards to carry out international capital ...
- India's digital currency push targets its leaky welfare systemWhile India's early efforts are modest compared with those of China, where more than 200 million people use the e-yuan, the world's most po...
- India's digital currency push targets its leaky welfare systemIndia is piloting its digital rupee, the e-rupee, for welfare payments. This initiative aims to improve efficiency and reduce corruption in...
- India's tech hiring chills; Polymarket's IPL betHappy Tuesday! The tech sector is seeing a slowdown in hiring driven by internal cost controls. This and more in today's ETtech Morning Dis...
- US prediction market players make a play for Indian IPL fansIndian fans are turning to US platforms like Polymarket and Kalshi for IPL betting. These sites allow wagers on match winners and player st...
- Sebi suggests local regulators oversee crypto tradingBoth sets of documents, which have been seen by Reuters, have been submitted to a government panel which is tasked with formulating policy ...
- Indian Prime Minister Modi says cryptocurrencies should not fall into the wrong hands
- Government favours taxing cryptocurrency trades: ET NowThe tax department favours taxing cryptocurrency exchange and trades in the country. But, it doesn't mean that they would be categorised as...
- Waiting for Cabinet approval, says FM Nirmala Sitharaman on bill on cryptocurrencyUnderlining that both the government and the RBI are "committed to financial stability", RBI Governor Shaktikanta Das had said there are no...
- Cryptocurrency exchanges to approach Supreme Court on RBI diktatIn the last month or so, some of the banks have stopped providing services to the exchanges, which has led to a major disruption. The excha...
- Direct banks to allow cryptocurrency trade: Firms to RBIThe request comes in the wake of the recent Supreme Court order that struck down the central bank's April 2018 circular that disallowed ban...
- RBI to seek review of Supreme Court order on cryptocurrencyRBI is worried that the order could pave way for trade in virtual currencies, putting the banking system at risk.
- Supreme Court seeks centre’s view on cryptocurrency within 2 weeksThe RBI order had virtually stopped all trade and exchange of bitcoins even though there is no official ban on it, said Nakul Dewan, counse...
- Is Modi government killing bitcoin to launch its own Lakshmi?The RBI has formed a panel which will submit a report by June on the desirability and feasibility of introducing a virtual currency backed ...
- 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...
- RBI working on cryptocurrency policyCryptocurrencies like bitcoin use cryptography to secure transactions.
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