Pakistan central bank panel recommends complete ban on cryptocurrency, related activities

The recommendation was made days after a top court ordered a probe into a USD 100-million digital currency fraud.

published on : 13th January 2022

Rs 1,200 crore crypto fraud pulled off by Keralite with just a website

The case against him at that time was for running an investment plan called ‘Morris Coin Investment Plan 300 days’.

published on : 12th January 2022

RSS-backed SJM wants ban on cryptocurrency, calls for central law

It also called upon the government to allow persons holding crypto currencies to sell or exchange the same within a short span of time subject to provision of submitting the information to I-T.

published on : 27th December 2021

RBI Board discusses private cryptocurrencies, Central Bank Digital Currency

The government listed Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the Winter Session of Parliament.

published on : 17th December 2021

The security flaw that's freaked out the internet: Log4j explained

Jen Easterly, a top US cybersecurity defense official, deemed the flaw “one of the most serious I’ve seen in my entire career, if not the most serious.”

published on : 16th December 2021

Cryptocurrencies a challenge for emerging markets, regulation needed: IMF chief economist

India is contemplating bringing a bill in Parliament to deal with the challenges posed by the unregulated cryptocurrencies.

published on : 16th December 2021

Government unlikely to bring bill on cryptocurrency in winter session

They also suggested that whenever a bill will be brought, it will be referred to the parliamentary standing committee for wider deliberations with stakeholders.

published on : 15th December 2021

Use of cryptocurrency for drug trafficking worries Parliament committee

The Parliamentary Committee on Home Affairs has voiced concerns over the increasing use of digital currencies and darknet for drug trafficking.

published on : 12th December 2021

Lesson from farm laws: Government going slow on crypto-currency, other major bills in winter session

The government had unveiled plans to seek parliamentary nod for a total of 29 bills, including three that had been previously introduced in the lower house. 

published on : 12th December 2021

The nifty art of NFTs

The NFT buzz reached a high decibel when actor Amitabh Bachchan and cricketer Dinesh Karthik spoke in October 2021 about selling NFTS to possibly make millions.

published on : 12th December 2021

Crypto players uncertain about their fate as many versions of draft bill go in circulation

Earlier, there were reports that under the new draft bill there is provision of punishment of any violation, a fine of Rs 20 crore or about $2.7 million, or imprisonment of 1.5 years will be slapped.

published on : 8th December 2021

'They are based on dark net technology': BJP MP Nishikant Dubey seeks ban on cryptocurrencies

Raising the issue during the Zero Hour in the Lok Sabha, he likened the situation prevailing in the country with respect to cryptocurrencies with 'Tulip mania' in Holland in 1600s.

published on : 6th December 2021

Lot of unhealthy speculation on crypto taking place: Finance Minister Nirmala Sitharaman

The cryptocurrency bill seeks to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India (RBI), the Bulletin said.

published on : 4th December 2021

Global action only way to regulate evolving tech like cryptocurrencies: Nirmala Sitharaman

Her comments come at a time when the government is preparing to come out with legislation to regulate cryptocurrencies and resonates with what Prime Minister Narendra Modi had warned last month.

published on : 4th December 2021

Reliance Industries chief Mukesh Ambani backs data privacy, cryptocurrency bills

Stating that data is the 'new oil', he said that nations have the right to build and protect strategic digital infrastructure.

published on : 3rd December 2021
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