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Bitcoin surges to highest since July 2019 after PayPal allows cryptocurrencies

PayPal customers can now buy, sell and hold cryptocurrencies including Bitcoin, Ether, Bitcoin Cash and Litecoin from digital wallets, as well as use the virtual money to shop.
A collection of bitcoin, litecoin and ethereum tokens

Modi govt plans to make a law to ban cryptocurrency trading

India will encourage blockchain, the technology underlying cryptocurrencies, but isn’t keen on cryptocurrency trading & a bill is expected soon.
A collection of bitcoin, litecoin and ethereum tokens

Why this China-backed crypto guru wants to unite the world’s blockchains

Connecting fragmented blockchains is key to moving technology underpinning cryptocurrencies beyond trades & speculation to include money transactions, drug-delivery tracing, etc.
A pile of coins representing Bitcoin cryptocurrency | Chris Ratcliffe/Bloomberg

How Twitter hackers have left a trail with Bitcoin wallet money transfers

Bitcoin offers users a degree of anonymity, making among criminals. But investigators can still glean valuable information from accounts that transacted with certain US services.
A pile of coins representing Bitcoin cryptocurrency | Chris Ratcliffe/Bloomberg

Supreme Court allows cryptocurrency trade in India, strikes down RBI’s 2018 circular

The RBI had prohibited banks & financial institutions from providing services with relation to cryptocurrencies.

Both Modi govt & RBI are uncomfortable with Facebook’s cryptocurrency Libra

While the Reserve Bank of India has placed restrictions, the government is drafting a law with stringent penalties on their use.
All India Muslim Personal Law Board has urged Muslims to shun Bitcoins | YouTube

Bitcoins are not Islamic, a new directive tells Indian Muslims

Bitcoin has no set rules, and is forbidden in Islam, says a new directive from the All India Muslim Personal Law Board.  
File photo of Bitcoin

Delhi based Coinsecure loses $3 million in a Bitcoin heist

The firm is working hard to recover the money. However, its efforts might be hampered by India’s crackdown on cryptocurrencies even as global prices rebound.

On Camera

Empty Sheikh Zayed Road during lockdown in Dubai | Bloomberg

What ails Arab economies is older than Covid-19

Dependence on oil and natural-gas exports and an over-reliance on Europe and US as trade partners have made it difficult for the region's integration into the world economy.
A freshtohome advertisement

Bengaluru-based startup FreshToHome raises $121 million from investors, including US govt

FreshToHome is one of the largest players in the $94 billion Indian fish and meat market, processing some 1.5 million orders a month and about $85 million in annual sales.

Defence

A file photo of Defence Minister Rajnath Singh, External Affairs Minister S. Jaishankar, US Secretary of State Michael Pompeo and US Secretary of Defense Mark Esper at the 2+2 dialogue in Washington in December 2019. | Photo: ANI

The 3 foundational agreements with US and what they mean for India’s military growth

Basic Exchange and Cooperation Agreement, the last of the key foundational agreements between India & US, was signed Tuesday. LEMOA was signed in 2016 and COMCASA in 2018.
Illustration: Soham Sen/ThePrint

Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace

Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.