cryptocurrency

FM Sitharaman Goes For Digital Push In Budget, No Change In Tax Slabs, Skips Populism

NEW DELHI: Finance Minister Nirmala Sitharaman on Tuesday sought to create 60 lakh jobs, intended to issue digital rupee using blockchain technology, rolling-out of 5G services, announced 400 new Vande Bharat trains, while also making a big push for digital education and universal access to health facilities in the Union Budget for 2022. Though there …

Major Crypto Heists in 2021

NEW DELHI: Crypto Market could be the next generation of financial market but the cybercriminals didn’t spare this space too. According to reports, cyber criminals stole around $ 7.7 Billion (59,000 crore approx.) worth of cryptocurrencies from investors in 2021. This is more than three times the crypto stolen in 2020. Around $ 1.4 Billion …

El Salvador Buys Another 21 Bitcoins To Celebrate 21st Year Of 21st Century

NEW DELHI: The first country to legally accept bitcoin as legal tender to purchase goods and stuff, El Salvador has bought another 21 Bitcoin this month to celebrate the 21st year of 21st century. Got the receipt. https://t.co/WONLH85KIy pic.twitter.com/BDq076JNKa — Nayib Bukele (@nayibbukele) December 22, 2021 El Salvador officially made Bitcoin its legal tender on …

PM Modi Chairs High-Level Meeting On Cryptocurrency & Its Linkage To Money Laundering, Terror Financing: Sources

NEW DELHI: Prime Minister Narendra Modi on Saturday chaired a comprehensive meeting on the way forward for cryptocurrency and related issues, government sources told The New Indian. The meeting comes after RBI again expressed its strong views against cryptocurrencies saying they pose serious threats to the macroeconomic and financial stability of the country as they …