by AIP Online Bureau | Feb 1, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology
Meeting demands from large sections of industry, she said the RBI will launch a ‘Digital Rupee’ based on blockchain technology in 2022-23 Experts said the 30 per cent tax levied on income arising from the sale of cryptocurrency is similar to the tax rate...
by AIP Online Bureau | Jan 24, 2022 | Indian News, Technology
During the course of investigation by Delhi police, the cryptocurrency trail led to startling facts, that the cryptocurrencies have ended in the wallets maintained by Al-QassamBrigates, which is a military wing of the Palestinian organisation Hamas and to the wallets...
by AIP Online Bureau | Jan 23, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Given their relatively high volatility and valuations, cryptocurrencies’ increased co-movement could soon pose risks to financial stability especially in countries with widespread crypto adoption, according to IMF research New Delhi: Bitcoin was hovering at...
by AIP Online Bureau | Jan 20, 2022 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
“We are concerned that too many consumers are just ‘clicking through’ and accessing high-risk investments without understanding the risks involved,” the FCA said. The planned rules cover high-risk investments such as cryptoassets, including cryptocurrencies such as...
by AIP Online Bureau | Jan 6, 2022 | International News, Technology, Wealth Management/ Philanthropy
Overall cryptocurrency theft grew over five-fold from 2020, with around $3.2 billion worth of coins stolen last year. Around $2.2 billion of those funds, some 72% of the total, were stolen from DeFi sites Crime involving cryptocurrencies hit an all-time high of $14...
