An inter-ministerial committee has recommended banning cryptocurrencies in India along with imposition of fines and penalties on activities linked with private virtual currencies in the country.
Earlier the Reserve Bank of India issued a circular banning regulated entities from providing services to crypto businesses. The ban went into effect on July 6 last year, Bitcoin.com reported on Friday.
Facebook's digital coin Libra is not going to launch until all necessary approvals are in place and all regulators fully are satisfied
This is perhaps for the first time that Donald Trump administration has come out so openly against cryptocurrencies.
the House Committee on Judiciary will discuss anti-trust issues while the Senate Banking Committee will discuss Facebook's digital currency 'Libra' that is slated to arrive in 2020
The US leads in the volume of tweets referencing Bitcoin and "Libra" digital coin that is expected to come in 2020, revealed crypto-trading platform The TIE in a series of tweets.
The rate at which cryptocurrencies are being adopted by global consumers is slowing down, despite celebrities like Johnny Depp and YouTube influencers such as PewDiePie embracing the technology.
Libra is Facebook's new cryptocurrency that will hit the market in 2020 that can be used on WhatsApp, Messenger and other standalone apps.
Facebook, Instagram, Signal are in plans of rolling out a new cryptocurrency next year. Facebook is also working in its own coin silently where for WhatsApp users.
Being a leading player in graphics card market, ASUS said it was uniquely poised as a distribution partner for the Quantumcloud app that delivers cash to customers depending on efficiency.
Google has tweaked its ban on the cryptocurrency-related advertisements in a plan to allow regulated cryptocurrency exchanges to buy ads in the US and Japan.
They created Mirai Botnet, a powerful malware that knocked out thousands of websites in the Northeast, California, and Western Europe in September 2016.
Sirin Labs launched a super expensive "Solarin" smartphone about a couple of years ago priced at $14,800.
South Korea has seen a craze over bitcoin and other cryptocurrencies, prompting authorities to try to rein in speculative investment this year by tightening regulations.
The apex court, which was hearing pleas seeking direction to the Centre to take emergent steps to restrain the sale and purchase of illegal cryptocurrencies or virtual currency like Bitcoins.
Sohrab Sharma, Raymond Trapani and Robert Farkas were the three co-founders of a start-up company called Centra Tech.
Officials said the SIT recently held a meeting in the national capital during which it was briefed about the overall scenario of the operations of this virtual currency in the country.
An interdepartmental group has been constituted to study and provide guidance on the “desirability and feasibility” to introduce a “central bank digital currency” and will submit its report by June.
Scammers are using "crypto-jacking" or putting lines of code in websites or ads to surreptitiously harness the computing power of the web surfers who look at them.
The move has, however, been welcomed as "constructive" by Rahul Raj, Founder & CEO, Koinex, India's leading cryptocurrency exchange.
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