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.
Fiat currency won’t just go away, so over the long run crypto could actually boost the value of the dollar by stifling the rise of potential competitors.
The agency said that it stumbled upon the transactions of the company during an ongoing money laundering probe into the ‘Chinese-owned’ illegal online betting applications.
China accounts for more than 65% of Bitcoin mining every month. And the ban hasn’t stopped people from looking at alternate ways to buy cryptocurrencies.
Vitalik Buterin's donation of more than 50 trillion Shiba Inu coins comes at a time India’s regulator has been expressing concerns about the asset class, spurring discussions on such donations.
Dogecoin, greatly supported by Tesla CEO Elon Musk, now has a market value of more than $85 billion, after hitting an all-time high price of $0.69 (69 cents) a coin Wednesday.
The fund claims to have collected around Rs 22 cr in cryptocurrencies, including 1 Bitcoin worth over Rs 40 lakh from cricketer Brett Lee, but there could be some regulatory issues.
The proposed amendment to the Insolvency and Bankruptcy Code aims to reduce timelines and provide for a mechanism that involves minimal interaction with the court. It fails on both counts.
Open to public feedback until 26 November, the revised guidelines, among other changes, give CA firms more flexibility to advertise & promote their services.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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