Unocoin also expanded its portfolio with the addition of 5 coins to its trading platform. The portal has been adding new tokens now and then for investors.
Ethereum, the second largest crypocurrency after Bitcoin, dropped over 12% in 24 hours.
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The crypto crash came as the US Federal Reserve raised the possibility of boosting interest rates as soon as March and withdrawing stimulus from the market.
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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.
While Bitcoin was trading at $48,482.76, a decrease of 0.81%, Ethereum was trading at $4,066.31, a decrease of 2.33% from the previous trading, according to Coinmarketcap.com.
She reckons the major concern for the government is how the cryptos are going to be exchanged. To whom it is going and from whom it is coming.
Most well-known cryptocurrencies at the time of writing the article were trading 8-12 per cent lower than 24 hours ago with Bitcoin prices falling by Rs 5 lakh, or 12 per cent, in the past 24 hours.
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