Retail investors need to be more cautious of crypto: RBI
RBI says its findings suggest that the interest in cryptocurrencies is driven by speculative motives rather than a means of payment for real economic transactions.
RBI says its findings suggest that the interest in cryptocurrencies is driven by speculative motives rather than a means of payment for real economic transactions.
The last time Bitcoin achieved this level was in December 2021, which was subsequently followed by a dramatic downturn that saw the crypto plummet to a low of $16000 by the end of 2022.
U.S. SEC approved applications from BlackRock, Fidelity, and Invesco among others.
Digital currencies continue to feed off speculative trends far from anything material.
Blanket bans that make all crypto-asset activities (e.g., trading and mining) illegal can be costly and technically demanding to enforce, says the paper.
Clampdown on cryptocurrencies failed to deter investors, who moved to decentralised exchanges. Here's what lies ahead...
PM suggests creating a global framework for cryptocurrencies where issues of all stakeholders can be addressed.
One of the biggest challenges in combating money laundering through cryptocurrencies is the lack of regulations. They are not currently recognised as legal tender in India.
Tokens with utilitarian and problem-solving use cases might have a chance to revive the deflated digital trading market in India, say experts
Govt seems to regard crypto transactions in the same manner as alcohol consumption which is considered bad for the consumers, but good for tax revenue.