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Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds.

Exchange ban news sends Bitcoin on rollercoaster ride

South Korea backtracks from ban on cryptocurrency trading after online petitions.

12 Jan 2018 2:20 AM IST

When China closed its local cryptocurrency exchanges late last year, an underground ecosystem of bitcoin mules and peer-to-peer platforms sprung up to allow bitcoin trading to thrive, away from regulators watchful eyes.

India's Coinsecure exchange says USD 3 million worth of bitcoins...

Coinsecure said it would compensate customers for losses from its existing funds.

13 April 2018 1:49 PM IST

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies like Bitcoins.

Blackmoney SIT reviews cryptocurrencies; directs clampdown

Government is the final authority to frame rules and law to regulate these virtual currencies.

9 April 2018 8:43 AM IST

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies like Bitcoins.

RBI cracks down on digital currencies; plans own cryptocurrency

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies.

5 April 2018 6:21 PM IST

Evidence suggests that Tether may have been used to manipulate the price of bitcoin.

Supreme Court backs RBI ban on virtual currency

RBI had restricted all the banks and financial institutions from using crypto currency.

3 July 2018 7:01 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

No regulations governing virtual currencies in India: Jaitley

RBI advised that it has not given any licence to any entity/company to operate such schemes or deal with Bitcoin.

4 Aug 2017 5:28 PM IST

Reserve Bank Deputy Governor R Gandhi

RBI deputy governor raises concern over virtual currency

Gandhi said virtual currencies are stored in digital electronic form and are prone to losses.

1 March 2017 6:16 PM IST

Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds.

Finance ministry likens cryptocoins to ponzi scheme

Bitcoin has surged by more than 900 per cent in value in 2017, which has raised fears of a bubble around countries.

30 Dec 2017 1:08 AM IST

Bitcoin is a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds.

Bitcoins, other virtual currencies like Ponzi schemes: FinMin

The RBI clarified that it has not given any licence to any entity to operate such schemes or deal with Bitcoin or any...

29 Dec 2017 6:26 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry warns investors against virtual currencies

Consumers need to be alert and extremely cautious as to avoid getting trapped in such Ponzi schemes.

29 Dec 2017 12:38 PM IST

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Bitcoins won't be promoted

The finance ministry also said that the demand of swipe machines in the country has increased after November 8, 2016.

6 Feb 2017 12:54 AM IST