Future for crypto trading in India is highly uncertain given the RBI & government’s expression of concern fuelled speculation that an out-right ban of private coins may be enforced.
Bitcoin prices have tumbled 14% this week, marking the steepest decline since March. Commentators have cautioned that a sustained drop below $30,000 could presage further losses.
Bitcoin slid as much as 21% over Sunday and Monday to as low as $32,389. That’s the biggest two-day slide since global markets were first roiled by the pandemic last year.
Zuckerberg's plea for Libra, now called Diem, suggests Facebook is leaning more towards the kind of e-cash offered by PayPal or Alibaba than the revolutionary crypto dreams of Bitcoiners.
The ED said it conducted raids at the registered offices of some companies who were illegally running online betting apps on websites which are hosted from outside India.
After Libra launched in June 2019, politicians and regulators raised concerns about privacy, money laundering and companies like Facebook taking power away from central banks.
Covid-19 has been good for Bitcoin & cryptocurrency generally. By accelerating our advance into a more digital word, what might have taken 10 years has been achieved in 10 months.
Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
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