Govt considers blocking IP addresses of cryptocurrency exchanges
Posted Date : 23-Mar-2021 , 07:55:48 am | Posted By CASANSAAR
The government is considering the blocking of internet protocol (IP) addresses of companies/exchanges on which trading in cryptocurrencies is happening, said a source in the know.
Two months ago, the government had said it intended to bring a Bill to ban private cryptocurrencies and introduce I...
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Unicef now accepting donations through Bitcoin and Ether
Posted Date : 12-Oct-2019 , 08:34:36 am | Posted By CASANSAAR
The UN children’s agency, Unicef, has announced it is accepting and disbursing donations through cryptocurrencies ether and bitcoin.
Unicef’s new Cryptocurrency Fund is the latest in a series of efforts by aid organisations to experiment with “blockchain” currencies, which...
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BlockChain - Why Should Professionals get into it?
Posted Date : 16-Sep-2019 , 09:11:15 am | Posted By CASANSAAR
BlockChain - Why Should Professionals get into it? by CA.Shailesh Churiwala and CA Vivek Khurana.
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Reliance Jio to set up one of the world’s largest Blockchain networks across India
Posted Date : 14-Aug-2019 , 10:48:18 am | Posted By CASANSAAR
Reliance Jio is all set to install one of the largest Blockchain networks across the country in the next 12 months with tens of thousands of nodes operational on day one.
Speaking at the 42nd Annual General Meeting (AGM) of Reliance Industries, Chairman Mukesh Ambani called upon on the security, ...
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Bitcoins |
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Govt to introduce Bill for Ban on cryptocurrencies in next session of Parliament
Posted Date : 09-Aug-2019 , 08:48:30 pm | Posted By CASANSAAR
The Government informed the Supreme Court that an expert panel has recommended complete ban on private cryptocurrencies in the country and the Banning of Cryptocurrency and Regulation of Official Digital Currency Bill, 2019, will be introduced in Parliament in the next session.
The inter-minister...
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Bitcoins |
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NCLT rejects Govt’s plea of 3-month moratorium for IL&FS
Posted Date : 15-Oct-2018 , 08:35:06 am | Posted By CASANSAAR
In a likely blow to the government and the newly constituted board of Infrastructure Leasing & Financial Services (IL&FS), the Mumbai NCLT Bench rejected the plea of a three-month moratorium against any legal proceedings by any party against the stressed infrastructure financier and its 348 ...
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Bitcoins |
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Bitcoins worth Rs 20 crore stolen from exchange in India's biggest crypto theft
Posted Date : 13-Apr-2018 , 01:39:58 pm | Posted By CASANSAAR
Nearly 438 bitcoins worth over Rs 20 crore were stolen from a top exchange firm in India in what is being billed as the biggest cryptocurrency theft in the country so far.
Coinsecure, the Delhi-based cryptocurrency exchange, has filed an FIR with the cyber cell accusing its CSO, Amitabh Sax...
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High-level panel on IBC review may stick to 270-day resolution deadline
Posted Date : 27-Mar-2018 , 08:42:50 am | Posted By CASANSAAR
A high-level panel set up to review the Insolvency and Bankruptcy Code (IBC) is likely to have recommended against extending a 270-day moratorium for restructuring a company after its case is admitted by the National Company Law Tribunal (NCLT). The committee submitted its report to the government o...
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Bitcoins |
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Modi government has bad news for Indians dreaming of easy money via bitcoins
Posted Date : 20-Jan-2018 , 01:39:36 pm | Posted By CASANSAAR
Bitcoin, the cryptocurrency that has become the craze all over the world, is a hit with a lot of Indians too. More than $3.5 billion worth of transactions in the cryptocurrency have been conducted in India over a 17-month period, according to the income tax department. Bitcoin has the allure of any ...
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Bitcoins |
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Trading in Bitcoin, Ethereum illegal - Finance Minister
Posted Date : 03-Jan-2018 , 08:54:39 am | Posted By CASANSAAR
Bitcoins or such crypto-currencies are not legal tender and those indulging in such transactions are doing it at their own risk, Finance Minister Arun Jaitley said today as MPs expressed concern over trading on these platforms.
During the Question Hour in Rajya Sabha, DMK member Kanimozhi sought ...
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Trade in bitcoins at your own risk, Finance Ministry warns users
Posted Date : 29-Dec-2017 , 11:21:21 am | Posted By CASANSAAR
The recent Bitcoin surge has triggered a ponzi scheme fear, forcing the finance ministry to flag it on Friday.
"VCs (virtual currencies) such as bitcoins don't have any intrinsic value and are not backed by any kind of assets. The price of bitcoin and other VCs therefore is entirel...
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Bitcoins |
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Bitcoin exchanges may come under ED scanner
Posted Date : 21-Dec-2017 , 09:19:33 am | Posted By CASANSAAR
The enforcement directorate (ED) plans to scrutinize bitcoin exchanges to check for potential violations of foreign exchange rules by the exchanges and cryptocurrency investors, said two ED officials aware of the matter.
The move follows a survey by the income-tax (I-T) department to determine ho...
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Bitcoins - Income Tax notices to 4-5 lakh HNIs across the country
Posted Date : 19-Dec-2017 , 08:05:55 am | Posted By CASANSAAR
Widening its probe into bitcoin investments and trade, the Income Tax department is set to issue notices to 4 to 5 lakh high networth individuals (HNI) across the country who were trading on the exchanges of this unregulated virtual currency.
The taxman had conducted surveys at nine su...
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