Page 70 of crypto

JP Morgan is first Wall Street bank to open account in metaverse; launches virtual lounge in Decentraland

JPMorgan Chase & Co. has a lounge in the metaverse: Visitors are greeted by a digital portrait of Jamie Dimon…

Updated: February 17, 2022 13:42 IST

RBI deputy governor says crypto akin to ponzi schemes, even worse; says, ban ‘most advisable’

RBI Deputy Governor T Rabi Sankar also dissed various definitions of crypto devised by its proponents, and said crypto is…

February 15, 2022 11:08 IST

Finance minister Nirmala Sitharaman says govt, RBI working in harmony on crypto issue

On the assumption of a normal monsoon in 2022, the central bank has projected retail inflation for FY23 at 4.5%,…

February 15, 2022 04:00 IST

Backing cryptos will undermine role of rupee as currency: RBI DG T Rabi Sankar

There are already indications that private cross-border flows are taking place in cryptocurrencies, according to Sankar.

February 15, 2022 02:45 IST

Replying to a general discussion on the Budget for FY23 in the Rajya Sabha, the minister said: “I am not going to legalise it or ban it at this stage. (A decision on) Banning or not banning will come subsequently, after consultations.”

Taxing crypto doesn’t ensure legal status: FM Sitharaman

The Budget for FY23, the minister said, stands for continuity and brings predictability to the taxation regime.

February 12, 2022 06:15 IST

Govt move to tax cryptos will bring legitimacy to industry: CoinDCX’s CEO Sumit Gupta, CoinSwitch CEO Ashish Singhal

Sumit Gupta: Regulation of crypto is pending but the government’s move to tax it gives it some form of legitimacy.…

Updated: February 8, 2022 13:45 IST

Currently, there are no particular regulations or any ban on use of cryptocurrency in the country. (File/Reuters)

Budget 2022: Govt to take balanced view on cryptocurrency, says Principal Economic Adviser Sanjeev Sanyal

The Reserve Bank has also highlighted various issues, including financial stability impact of such virtual currencies.

January 31, 2022 18:54 IST

The CBDT vide Finance Act, 2013 brought about an amendment that trading in derivatives is not to be considered as a speculative transaction.

Tax Talk: Clarity on tax for new age investments needed

The government also needs to decide that if income from cryptos is treated as business income, whether it should be…

January 25, 2022 03:50 IST

Crypto/Bitcoin Crash Latest Update: How BTC, ETH, BNB, SOL, AVAX, HEX, DOT, DOGE, SHIB performed in 7 days

Crypto / Bitcoin Crash 2022 Latest Update (January 7): Here’s how BTC, ETH, SOL, ADA, DOGE, SHIB, HEX, AVAX, BNB…

Updated: January 7, 2022 17:46 IST

Cryptocurrency in 2022: Top trends likely to keep crypto space buzzing in new year

From hitting the $3-trillion market cap to the complete ban on crypto trading and mining by China, multiple events made…

Updated: February 15, 2022 17:22 IST

Crypto funds lose $142 million, as money flows out after US Fed statements spook investors

Crypto asset funds including bitcoin and ethereum recorded the largest weekly outflow in four months, totalling $142 million for the…

December 22, 2021 18:32 IST

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