Bitcoins

Friday, Apr 19, 2024 | Last Update : 05:52 PM IST

The world over, central banks and the governments are against private digital currency because currency issuance is a sovereign function and it has to be done by the sovereign, said RBI governor Shaktikanta Das. (Photo: File | PTI)

No way privately-issued digital currencies can be allowed: RBI Gov Das

The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.

05 Dec 2019 5:48 PM

Enforcement Directorate The case pertains to Bitcoin Trading ponzi scheme by Variabletech Pvt. Ltd, Singapore.

Enforcement Directorate attaches Rs 42-crore assets in bitcoin case

In this scheme, Bhardwaj and his marketing agents were able to collect investments worth about 80,000 Bitcoins.

22 Sep 2018 4:54 AM

Here are 5 platforms which are providing crytocurrencies beyond bitcoins.

5 platforms providing access to cryptocurrencies to India

Some of the Indian exchanges have launched crypto to crypto pairing options.

09 Jun 2018 4:31 PM

The petitioner has also made the GST council a party to the case on the grounds that it has failed to introduce appropriate regulations with respect to cryptocurrencies in the GST laws.

Firm challenges ban on Bitcoins

The circular issued by RBI on April 6 stated that entities regulated by the Reserve Bank should not deal in virtual currencies.

23 Apr 2018 1:37 AM

RBI cracks down on digital currencies; plans own cryptocurrency

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

05 Apr 2018 6:21 PM

Govt does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these crypto-assets.

Citi India bans use of debit, credit cards to buy bitcoins

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

13 Feb 2018 3:34 PM

The exchange has already reported the incident to the police and to Japan’s Financial Services Agency. (Representational image)

Tokyo-based Cryptocurrency exchange hacked

The firm lost approximately around 58 billion Yen worth of virtual money.

27 Jan 2018 7:51 AM

The government cautioned investors to be wary of virtual currencies like Bitcoin, saying they are like Ponzi schemes with no legal tender and protection. (Photo: File)

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 virtual currency.

29 Dec 2017 6:26 PM

Cryptocurrency hit a record high of just under $11,800, stoking fears that a rapidly swelling bubble could burst in a spectacular fashion.

RBI reiterates warnings about trading in Bitcoins

Central bank has not given a licence or authorisation for any company to deal in such cryptocurrencies.

06 Dec 2017 10:13 AM

According to some media reports, there has been a growing number of investors in such currencies over the last few years.

‘Non-fiat’ cryptocurrencies bother Reserve Bank

The RBI has been repeatedly cautioning everyone about the usage of cryptocurrencies.

14 Sep 2017 3:10 AM

Ransomware is a malicious software and the Locky Ransomware is learnt to be demanding ransom of half bitcoin, which at present rate is equivalent to over Rs 1.5 lakh.

Govt issues alert over new malware ‘Locky Ransomware’

To target users, spams showing links to fake dropbox websites is being used.

03 Sep 2017 6:37 AM

Minister of State for Finance Arjun Ram Meghwal said the government has set up a panel to look into various aspects, including usage, of crypto currencies like bitcoins.

Govt panel looking into usage of crypto-currencies

Government has been debating issues concerning bitcoins and sought public opinion on it a few months ago.

28 Jul 2017 4:13 PM

The prevalence of Bitcoins has caused some concerns in government due to its hidden nature.

Centre mulls Bitcoins norms

Bitcoins are first currency of choice in underground activities as they are practically untraceable.

22 May 2017 1:37 AM

The ransomware attack locked up more than 200,000 computers in more than 150 countries

Microsoft slams govt to treat ransomware cyber attack as a 'wake-up call'

Experts said the spread of the worm had slowed but that the respite might only be brief amid fears new versions of the worm will strike

15 May 2017 8:35 AM

Wipro beefs up security after receiving a "threatening letter"

Wipro confirms that it has filed a complaint with the local law enforcement authorities after receiving a threatening letter.

07 May 2017 10:02 AM

Cyber sleuths of MP police were taken aback when they tracked the call to Jabalpur and zeroed in on the boy who was making the extortion calls after nearly two weeks of efforts.

MP: 13-year-old sends extortion note: Pay Rs 2 crore in Bitcoins

According to police, he created a fake Gmail account under Id Pak ISIS to send the extortion note.

31 Dec 2016 4:08 AM

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Mohan Guruswamy