Tag: cryptocurrency

Kolkata:  Former Reserve Bank of India Governor Duvvuri Subbarao has said the central bank could lose control over money supply and inflation management if cryptocurrency is allowed in the country. Speaking at a webinar organised by the National Stock Exchange (NSE) and New York University (NYU) Stern School of ...

A look at the headlines right now:Government to introduce Bill to ban private cryptocurrencies in India: The proposed law, scheduled to be introduced in the Winter Session of the Parliament, will also have provisions for an official digital currency issued by the Reserve Bank of India.India, US and Brazil ...

New Delhi: The government is mulling changes in the income tax laws to bring cryptocurrencies under the tax net, with some changes that could form part of the Budget next year, a top official said. Revenue Secretary Tarun Bajaj said that in terms of income tax, some people are already ...

#Pakistan News As an artist and women's rights activist, Maliha Abidi is adept at using digital technologies, so when she came across non-fungible tokens (NFTs) she quickly figured they could be a way to reach more people – and for women artists to gain a bigger following. Abidi, 25, ...

The Sri Lankan government has appointed a new committee with eight members. Fintech experts and officials from the banking sector have been roped-in as part of the newly formed committed. As part of their research, the committee members will be observing the rules and regulations put in-place by other ...

Bitcoin’s inflows remained flat for the week with a paltry $0.2 million while ethereum saw minor outflows totalling $6.3 million past week. (Image Solana.com)Etherum competitor Solana — a decentralized blockchain platform that earlier this month became the seventh-largest cryptocurrency in the world ahead of Dogecoin – has remained favourite ...

NFTs, or non-fungible tokens, have been sweeping the digital space over the past few months. It is a fusion of many things that excite a generation which has grown up with digital technology at its fingertips. It involves cryptocurrency, virtual reality, and a good dose of social media frenzy. ...

GENEVA — The negative environmental impact of cryptocurrencies such as Bitcoin has been widely covered in the press in recent weeks and months, and their volatility has also been flagged as a cause for concern.Nevertheless, the UN believes that blockchain, the technology lying behind these online currencies, could be ...

A ‘pointless way of using energy’? The amount of energy needed to power the Bitcoin network is staggering: Tim Berners-Lee, credited as the inventor of the World Wide Web, has gone so far as to describe “Bitcoin mining” as “one of the most fundamentally pointless ways of using energy.” ...

According to the Cambridge Centre for Alternative Finance, Bitcoin uses 115.54 TWh of energy per year which is more than the usage of countries such as UAE, the Netherlands, Philippines, Pakistan, etc. Image: ReutersIt is Doge and Dogefather Elon Musk again! This time it is about an idea. An ...