Bitcoins

Challenges of ‘accounting' for cryptocurrency gains

Cryptocurrencies in India are selling like hotcakes with scores of start-ups launching crypto exchanges, giving investors easy access to this asset class.

published on : 30th August 2021

PayPal to let UK users buy, hold and sell cryptocurrency

The US firm said its new service would allow UK-based customers to choose from four types of cryptocurrency: Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

published on : 23rd August 2021

Bank of England tells banks and insurers to be wary of crypto assets

Interest in cryptocurrencies like bitcoin surged last year as prices rocketed. Then they tumbled in recent months, triggering warnings from regulators across the world.

published on : 28th June 2018

Bitcoin not a legal tender, not a recognised medium of exchange: Arun Jaitley

Bitcoins or cryptocurrencies are not a legal tender in the country and are not recognised as a medium of exchange, Corporate Affairs Minister Arun Jaitley said Friday.

published on : 5th January 2018

Too early to take decisive action on bitcoins, says former RBI governor Duvvuri Subbarao

Subbarao who spoke on a wide array of topics concerning the present financial situation also vocally supported the proposed Financial Resolution and Deposit Insurance Bill.

published on : 4th January 2018