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News
Virtual currency
Virtual currency News
Reserve Bank of India
27 May 2022
Looking at 'pros and cons' of introduction of digital currency: RBI
Finance minister Nirmala Sitharaman while presenting the Budget 2022-23 had announced that the central bank will launch an Indian digital currency.
Nirmala Sitharaman
28 Apr 2022
Decision on crypto: Here's what FM Nirmala Sitharaman said on virtual currency
Govt open to promote innovation. Govt does not want to hurt innovation around crypto. Fear that Crypto can be manipulated for money laundering.
digital rupee
06 Feb 2022
Digital Rupee could debut by early 2023: Report
The digital rupee blockchain is being developed by the Reserve Bank. The digital rupee would be able to trace all transactions.
Virtual currency
06 Aug 2018
Government planning to come out with its own cryptocurrency: Sources
In April, the Reserve Bank had announced a study to explore introduction of fiat digital currencies which can be issued by it.
Bitcoin
06 Feb 2018
Bitcoin slides below $6,000; half its value lost in 2018
The virtual currency hit a peak of almost $20,000 in December.
Bitcoin
11 Dec 2017
Bitcoin tops $18,000 in debut on major bourse
Bitcoin was trading at $17,750 per unit for the futures contract expiring on January 17, thus exceeding the highest value it had reached on alternative non-regulated internet platforms.
Virtual currency
09 Dec 2017
Bitcoin currency status and converter shows up on Google search result
Google currency conversion tool shows the real time value of bitcoin vis-a-vis the Indian Rupee.
Virtual currency
08 Dec 2017
This man is giving out free Bitcoins and Twitterati can't hold the excitement
A twitter user owns 1,500 bitcoins and wants to give it to people on the occasion of Christmas.
Bitcoin
07 Dec 2017
Bitcoin hits $15,000 for first time, jumps over 50% in just one week
The rally came just a day after the virtual currency, which has been used to buy everything from an ice cream to a pint of beer, hit the $12,000 mark for the first time, while it has soared more than 50 percent in value in just one week.
US regulator
02 Dec 2017
US agency gives green light to bitcoin on major exchanges
Bitcoin prices shot above $10,000 for the first time earlier this week and stood at $10,648 at midday Friday.
Reserve Bank
17 May 2017
Despite RBI caution, 2,500 Indians investing in Bitcoins daily
The company said it launched operations in 2015 to simplify bitcoin trade along with providing a seamless experience to Indian audience.
Bitcoin exchange
29 Oct 2015
CEO of this company spent embezzled funds on prostitutes
The head of collapsed Bitcoin exchange MtGox was facing fresh embezzlement charges
Bitcoin
11 Sep 2015
Japan charges Bitcoin exchange CEO with embezzlement
Japanese prosecutors said Friday that they have charged the head of collapsed Bitcoin exchange MtGox with embezzlement, amid fraud allegations over the disappearance of hundreds-of-millions-of-dollars-worth of the virtual currency.
Bitcoin
11 Sep 2015
Bitcoin: Key facts you should know
Bitcoin is a virtual currency that is created from computer code. Unlike a real-world currency like the US dollar or the euro, it has no central bank and is not backed by any government.
Mark Karpeles
01 Aug 2015
Japanese police arrest CEO of MtGox Bitcoin exchange
Japanese police on Saturday arrested Mark Karpeles, head of the MtGox Bitcoin exchange, after a series of fraud allegations lead to its spectacular collapse and hammered the digital currency's reputation.
crypto-currency
12 Jul 2015
Indian startup sets up crypto-currency platform for Greeks
The company, named Trestor Foundation, also claims it is the only global organisation that can help people in Greece to get the money despite the capital control on bank withdrawls imposed by the government there.
Bitcoin
30 Mar 2015
Federal agents stole Bitcoin in Silk Road probe: US
Two undercover federal agents in the investigation of Bitcoin market Silk Road extorted and stole hundreds of thousands of dollars worth of the virtual currency for themselves, the US said Monday.
Bitcoins
31 Jan 2015
Investors robbed of $11 mn Bitcoins in four years: Study
Frauds such as online ponzi schemes have skimmed at least $11 million in Bitcoin deposits from unsuspecting cyber customers over the past four years, a study says.
Bitcoins
16 Nov 2014
Bitcoin club loses steam; market value tanks over $5-bn
The value of many popular virtual currencies including Bitcoin, Ripple, Dogecoin and Litecoin has crashed by 50-60 per cent from their peaks early in 2014
US federal judge
19 Sep 2014
US judge awards $40.7 million in SEC case over bitcoin Ponzi scheme
A US federal judge in Texas ordered Bitcoin Savings and Trust and its owner to pay a combined $40.7 million after the Securities and Exchange Commission established that the company, which sold investments using the virtual currency, was a Ponzi scheme.
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