Topic: cryptocurrency
Bitcoin pushes toward record high before futures exchange-traded fund debut
The ProShares bitcoin-linked exchange-traded fund will trade on the NYSE. The move is the latest sign of how cryptocurrency-related investments are becoming more mainstream.
This Diwali, millennials are pulling out India’s crypto industry out of the shadows
After Supreme Court overturned the ban on banks dealing with digital currencies, the industry itself is demanding to be regulated and is lifting its profile with Bollywood's help.
India fueling one of world’s fastest-growing cryptocurrency regions
The pace of expansion in the region spanning central and southern Asia and Oceania is the strongest after the Middle East and much of Europe.
Rapid growth, increasing adoption of crypto assets pose financial stability challenges: IMF
Cryptocurrencies have encryption techniques, which are used to regulate the generation of their units and verify the transfer of funds, operating independently of a central bank.
CoinDCX becomes India’s first cryptocurrency unicorn, sees another 100+ in coming years
The funds, which co-founder Sumit Gupta plans to use to double his team in 6 months, comes as Indian policymakers debate status of digital currencies while govt is yet to take a final stance.
Refugee camps are micro-economies, becoming cryptocurrency hubs
The Refugee Integration Organisation is paying refugees an Unconditional Basic Income through Celo cryptocurrency, which can function without a smartphone.
What is e-RUPI & how it could be the first step towards launching digital currency in India
These vouchers are person- and purpose-specific, meaning if they are released by the government for the purpose of vaccination, then they can be redeemed only for that.
ED probes crypto exchange Binance in betting app laundering case
Binance has been facing regulatory crackdown as nations intensify scrutiny of crypto industry amid concerns that it is being used to conceal proceeds of money laundering & terrorism.
RBI is considering ‘phased introduction’ of digital currency, plans pilot programmes
Introduction of a digital currency is expected to bring down usage of cash in the economy, while minimising damage to public from usage of private currencies.
What ban? Even gold-obsessed Indians are pouring billions into crypto currency
The growth in India is coming from the 18-35 year old cohort. Latest World Gold Council data indicates Indian adults under age 34 have less appetite for gold than older consumers.
YourTurn
Why Colin Powell’s death from Covid complications argues for vaccines, not against it
Powell, who was fighting multiple myeloma, needed as many people around him as possible to be vaccinated to diminish his chances of encountering the virus.
Bitcoin pushes toward record high before futures exchange-traded fund debut
The ProShares bitcoin-linked exchange-traded fund will trade on the NYSE. The move is the latest sign of how cryptocurrency-related investments are becoming more mainstream.
Defence
China has ramped up troops deployment, infra along LAC but so have we — Eastern Army commander
Eastern Army Commander Lt Gen Manoj Pande says there has been a 'marginal increase' in patrolling activities in some areas along the LAC.
Mohan Bhagwat is right, China is the big threat. But his prescription to counter it is flawed
India can fight China, but it needs peace & stability at home. It can't take on Beijing while re-lighting old fires like NRC or polarising Hindus & Muslims to win elections.