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RBI To Consider Issuing Fiat Digital Currency Editor's Comment: SEBI proposes strengthening rules against insider trading, in light of recent leaks of Axis Bank, HDFC Bank, Tata Motors' results. Plans to use statistical tools to establish links between those passing sensitive information and parties trading on them, enhancing surveillance, monitoring ...
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George Soros set to invest in cryptocurrency, report says George Soros has apparently had a change of heart about cryptocurrency after previously bashing it. The billionaire investor's family fund is set to begin investing in virtual currency, according to a Bloomberg report Friday. Soros Fund Management investor Adam Fisher reportedly received approval to ...
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RBI's diktat on virtual currencies: Here's what cryptocurrency startups have to say Ravi Kikan, COO, Panaesha Capital, said: "If you look at the complete circular it first talks about RBI exploring the desirability and feasibility of introducing its own crypto currency (a fiat-digital one). In fact, it has set up a panel to review the proposal and come up with suggestions by June. "The RBI is more ...
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Can falling bitcoin prices really be blamed on the tax man? Explaining away the recent decline in bitcoin is proving difficult for market bulls who are continually searching for reasons why the No. 1 digital currency has lost more than 40% since the beginning of 2018. The latest hypothesis: tax purposes. Americas are selling cryptocurrency to raise funds to pay ...
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