India needs its own crypto unicorns: Experts

New Delhi, May 14 (IANS) Stressing that India needs smart and sensible crypto regulation, leading cryptocurrency players in the country on Friday urged the government against the ban and sought engagement to build consensus on crypto regulation. The government earlier indicated that it would take a ‘calibrated approach’ towards digital assets and formulating a Bill… Continue reading India needs its own crypto unicorns: Experts

‘Govt should regulate cryptocurrencies, not ban them’

New Delhi, April 16 (IANS) As government plans to come up with a Cryptocurrency Bill, sector stakeholders have said that the government should regulate the cryptocurrency ecosystem, rather than banning them. Experts are of the view that India should formulate regulations in the lines of the development countries which regulate these currencies including the US,… Continue reading ‘Govt should regulate cryptocurrencies, not ban them’

Cryptocurrency industry hopeful as RBI mulls over digital currency

New Delhi, Jan 27 (IANS) With the Reserve Bank of India (RBI) now saying that it is exploring the need for a digital version of fiat currency, cryptocurrency stakeholders have called to move a step in the right direction towards strengthening the fintech ecosystem in the country. The RBI made the remarks in a booklet… Continue reading Cryptocurrency industry hopeful as RBI mulls over digital currency

Bitcoin is legitimate alternative to gold: Wood

New Delhi, Jan 10 (IANS) Bitcoin represents a legitimate alternative to gold for risk averse capital looking for a store of value, according to Christopher Wood of Jefferies. In his note to investors which runs under the title, Greed and Fear, Wood said Bitcoin was up 305 per cent for the whole of 2020. It has… Continue reading Bitcoin is legitimate alternative to gold: Wood

India to fast catch up as Bitcoin surges as key asset class

New Delhi, Jan 10 (IANS) With the overall value of all cryptocurrencies surpassing the $1 trillion mark and Bitcoin hovering around $40,000, industry experts on Sunday said that crypto may become the most important asset class of the 21st century and India needs to catch up fast with the global trend. Bitcoin has already gained 25… Continue reading India to fast catch up as Bitcoin surges as key asset class