Five other people who have been charged with financing terrorism will be sent to trial by the end of the year.
NCB: Quality narcotics found in Delhi, Mumbai, B’luru, Goa in raids
K P Krishnan, former secretary, Economic Advisory Council to the Prime Minister, said digitisation of currency will “seriously challenge traditional structures.
The accused had taken over Rs 26.32 lakh from the investors cash and cheques and had given them evasive replies when they sought returns.
SC overturning ban on financial institutions dealing with bitcoins comes as short in the arm for crypto firms
Supreme Court order overturning RBI ban on financial institutions dealing in cryptocurrency will enable start-ups in the space to raise significantly more funding, industry experts feel
Experts opine that Centre should introduce a tax clause in the Bill for cryptocurrency trade and ensure the security of assets in the crypto exchanges.
With a market capitalisation of nearly $300 billion, cryptocurrency, in fact, is touted as the future of digital finance
Focus now on government’s stance on the slated ‘Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019’.
A little over two years ago the government had warned citizens against investing in crypto-currencies terming them as `Ponzi schemes’.
Bitcoin - the largest and most popular cryptocurrency - has appreciated by almost half so far this year, to regain the $10,000 mark against the US dollar for the first time since October.
Interest in cryptocurrencies like bitcoin surged last year as prices rocketed. Then they tumbled in recent months, triggering warnings from regulators across the world.
Bitcoin has fallen in six of the last eight trading session.
The cryptocurrency panel of the mobile and internet firms body IAMAI today said Finance Minister Arun Jaitley's "words" about virtual currency have been misinterpreted and misreported.
Regulators and policymakers must now lay out a clear roadmap on how they intend to regulate cryptocurrencies.
The country will not see any form of cryptocurrency trade regularisation, at least in the near future.