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What are Virtual Currencies Essay -- paper currency, bitcoin
Virtual Currencies are increasingly becoming a part of not only the virtual world but also the real world. There are many problems associated with virtual currencies. Due to its similar to paper currency, a lot of questions have risen regarding its acceptance among the people in the market. Virtual currencies are growing in popularity and although they were large used by speculators who were...
Reserve Bank of India won’t regulate virtual currency ...
Reserve Bank of India won't regulate virtual currency Bitcoin, yet [EconomicTimes]
BANGALORE: India's central bank is "watching" Bitcoin, the virtual currency that is gaining popularity among Net users, but has no intention of regulating it right now. The Reserve Bank of India , which has its hands full trying to arrest the slump in the value of the rupee , will first seek to understand Bitcoins...
Future of Bitcoin and other Crypto Currencies in India ...
Bitcoin is the most popular and most commonly used crypto currency or virtual currency. It was created in 2009 by an unknown entity and has been used across the globe as a digital payment system. Like all crypto currencies it is not regulated by any administrative system and is traded in virtual Bitcoin exchanges. There are currently about USD 167 billion worth Bitcoins in use across the world -...
Gold for Bitcoin? Global Chase for Virtual Currency Takes ...
Gold for Bitcoin? Global Chase for Virtual Currency Takes Roots in India Too
'Gold for Bitcoin' is emerging as a new trend in the world of online transactions.
By : Bharadwaj Sharma
July 28, 2014 19:45 IST
The paperless, bank-less, and state-less currency is gaining ground as it can be used just the same way that any digital money is used to pay for goods and services, such as buying coffee, a...
Bitcoin India: Latest Bitcoin India News, Videos
On September 13, 2017 11:59 (IST)
The RBI has been repeatedly cautioning everyone about the usage of cryptocurrencies, flagging a slew of concerns.
Government Seeks Public Views On Future Of Bitcoin
On May 22, 2017 17:45 (IST)
Widening the scope of the debate on what is also referred to as Digital/Crypto Currencies, the government has invited suggestions on its discussion platform MyGov, launched...
Govt warns against bitcoin trading, equates virtual ...
Ministry of finance cautions against risks of investing in virtual currencies such as bitcoin which lack government fiat, compares them with ponzi schemes
Last Published: Fri, Dec 29 2017. 11 34 PM IST
Asit Ranjan Mishra
The ministry of finance move follows a crackdown by South Korean government on trading of bitcoins which led to a 8% drop in its value on Thursday. Currently, the value of...
Date: 2018-01-30 17:05:33
How to buy Bitcoin in India : Best Exchange and Trading ...
How to buy Bitcoin in India : Best Exchange and Trading Sites !
admin How to buy Bitcoin in India : Best Exchange and Trading Sites ! 2017-12-24T16:37:03+00:00 Bitcoin , Investment , Virtual Currencies 4 Comments
(Last Updated On: December 24, 2017)
If you are looking to the buy bitcoins for trade or invest in bitcoins, then you have landed into the right page. This guide helps you with...
Alert Bitcoin investors! RBI issues another warning, says ...
Alert Bitcoin investors! RBI issues another warning, says cryptocurrencies have some risks
� BusinessToday.in ���New Delhi���� Last Updated:�December 8, 2017 �|�12:13 IST
Bitcoin breached $12000 mark on Wednesday for the first time ever. The virtual currency has soared more than 1,000 percent since the start of the year. Last Wednesday, it was trading at $9,500. Nothing...
Related topics : virtual currency and the financial system the case of bitcoin / digital virtual currency and bitcoins / virtual & digital currency and payment systems / virtual currency exchange bitcoin / virtual currency bitcoin
Bitcoin regulations in India - Livemint
India launches high performance computer system Mihir
Last week, income tax department surveyed the major bitcoin exchanges in India. The survey reports said, this was done to collect information about transactions and check whether there was a risk of tax evasion. This week, it was reported that the income tax department is set to issue notices to about 5,00,000 high net worth individuals...
Date: 2018-01-30 19:24:59
Bitcoins: I-T notices to over 400,000 HNIs across India ...
The trigger for the action is understood to be the huge spike being registered in the value of bitcoins and other virtual currencies in the recent past.
Widening its probe into bitcoin investments and trade, the Income Tax (IT) department is set to issue notices to 400,000 to 500,000 high networth individuals
(HNI) across the country who were trading on the exchanges of this unregulated...
I-T notices to 4-5 lakh individuals trading in bitcoins ...
I-T notices to 4-5 lakh individuals trading in bitcoins across the country
The taxman had conducted surveys at nine such exchanges last week to check instances of tax evasion.
PTI | Dec 19, 2017, 10:34 IST
I-T department is set to issue notices to 4 to 5 lakh high networth individuals across the country who were trading in bitcoins on exchanges
Last week, the department had conducted...
Date: 2017-12-19 06:43:00
Is Bitcoin trading illegal in India? Probe agencies agree ...
Is Bitcoin trading illegal in India? Probe agencies agree, users disagree
This could be an interesting case for the Enforcement Directorate (ED), the Reserve Bank of India (RBI) and the Income Tax Department to solve this year.
A + A -
This could be an interesting case for the Enforcement Directorate (ED), the Reserve Bank of India (RBI) and the Income Tax Department to solve this...
Bitcoin Trading in India – New way to make money online
Bitcoin trading in India is a new way to make money online. My friend has purchased Bitcoin (BTC) online before one year ago, and today by selling it he earned a hefty return of 150%.
Bitcoin is fastest growing digital currency all over. A return given by bitcoin in past one year has flattened all other asset class. However, trading in Bitcoin is a risky affair and not allowed legally in India....
Date: 2017-12-20 03:30:58
Bitcoin in India: Bitcoin trading in India? Why it's still ...
NEW DELHI: Though it has hit surprising levels this year and few also predicted that the momentum may continue further, trading in bitcoins (which is currently illegal in the country) or any other cryptocurrency is a potential threat.
Despite the fact that Bitcoin started the year at $1,000 per unit in January and by mid-December it rose to $20,000, the government has clarified that it currently...
Date: 2017-12-22 05:10:17
India's first bitcoin trading app launched | Zee News
India's first bitcoin trading app launched
The app would permit a range of transactions, including payments, remittances, business-to-business commerce, supply chain finance, asset management and trading.
IANS| Updated: Dec 28, 2017, 15:40 PM IST
New Delhi: At a time when bitcoins are in focus for all the wrong reasons, cryptocurrency dealer Pluto Exchange on Thursday announced the...
Date: 2018-01-11 23:14:27
The risks and thrill of investing in bitcoins in India ...
While there are multiple risks, bitcoin has also given some traders the thrill of earning returns of 1600% in the past year
Last Published: Thu, Dec 07 2017. 08 44 AM IST
The bitcoin bubble may well get much larger until there is clarity on its use as a currency.
On Tuesday, the Reserve Bank of India (RBI) issued its third warning about trading in virtual currencies such as...
Date: 2018-01-30 20:25:30
Indians lose crores of rupees in bitcoin exchange collapse ...
Indians lose crores of rupees in bitcoin exchange collapse
Enforcement Directorate has called for an urgent meeting next week in New Delhi to chalk out action plan against bitcoin operators or traders.
A + A -
Things are not well in the world of virtual currency bitcoin.
Japan-based Mt Gox - the world's largest bitcoin exchange - has collapsed. The exchange has filed for bankruptcy, losing 7.5...
Crypto crash: Bitcoin nosedives 50% in India in just 13 days
The volatility of crypto currency bitcoin worldwide in recent times has had its spinoffs in India as well. The bitcoin's value has declined at least 48 percent in less than two weeks, according to bitcoin exchange Zebpay, said a report in the Economic Times (ET) on Thursday.
According to data available with Zebpay, the value of the currency in India has declined from Rs 3,40,116 per unit on...
Now Bitcoin under SEBI lens, beware of ponzi schemes in ...
Modelled on the Initial Public Offers or IPOs for issuance of new shares in the stock market, some entities have begun resorting to ICOs to raise funds from investors, including HNIs and other individuals, who are getting lured into claims of huge returns from bitcoins.
By: FE Online | Published: December 18, 2017 10:20 AM
Sebi has planned to come down heavily on illicit 'initial coin offers.'
India's first bitcoin trading app launched | The News Minute
At a time when bitcoins are in focus also for the wrong reasons, cryptocurrency dealer Pluto Exchange on Thursday announced the launch of India's first mobile application for transacting in virtual currencies.
At a press conference here, Pluto Exchange founder and Chief Executive Bharat Verma said his company is all set to launch the country's first app-based wallet that enables bitcoin...
Date: 2018-01-11 23:14:35
Insights into Editorial: Crypto currencies here to stay ...
Today crypto currencies have become a global phenomenon known to most people. While still somehow geeky and not understood by most people, banks, governments and many companies are aware of its importance.
Bitcoins were in news recently after a massive global ransom ware attack 'WannaCry' hit systems in over 100 countries. The cyber criminals demanded a fee of about $300 in crypto-currencies like...
Date: 2018-01-30 18:37:44
Bitcoin Trading In India: Pluto Launches Cryotocurrency App
New Delhi: At a time when bitcoins are in focus for all the wrong reasons, cryptocurrency dealer Pluto Exchange on Thursday announced the launch of India's first mobile application for transacting in the virtual currency. At a press conference,�Pluto Exchange Founder and chief executive Bharat Verma said that his company is all set to launch the country's first app-based wallet that enables bitcoin transactions using a mobile number.
"The Pluto Exchange mobile app offers a solution to the coordination problem between payment processors, financial gateways and banks," Verma said.
"All other apps already in the market do transactions using bitcoin...
Date: 2018-01-30 17:04:22
Pluto Exchange | Bitcoin Trading In India | Buy, Sell ...
Copy This Code
Unocoin is one of the safest bitcoin wallet in India. I've been using this app for a month now and I have earned bitcoines. this app also gives you 200rs worth bitcoins for first signup. I liked the concept they put into this app where we can buy and sell bitcoins securely. The layout and design of this app is very user friendly, we can easily look for an option, it's also...
Date: 2018-01-04 18:39:28
Sebi to regulate Bitcoin-inspired illicit investment schemes
Sebi to regulate Bitcoin-inspired illicit investment schemes
(Picture for Representation) , Thinkstock
Updated: Dec 17, 2017, 08:04 PM IST
Market watchdog Sebi will come down heavily on illicit 'initial coin offers' seeking public investments with promise of high returns from Bitcoins and other virtual currencies, amid a mushrooming of such schemes in the absence of any regulatory...
As Bitcoin hits $16,000 valuation, Indians are rushing to ...
Gurudutt Biswal, a young PR professional at a Gurgaon-based company, made his first investment in bitcoin six months ago. He has invested around Rs 25,000 and made profits worth approximately Rs 7,000 in last six months.
"I don't consider bitcoin as part of my asset allocation strategy. I rather prefer to spend the dividend while keeping investments very small to avoid risks," Gurudutt...
Date: 2018-01-11 18:39:59
Is Bitcoin legal - Zebpay | India's Leading Bitcoin Exchange
Nishith Desai Associates is India's leading international law firm. They have published above white paper which concludes that bitcoin is legal in India.
The CIS is India's leading Internet organization. CIS helped Internet remain neutral in India in the 2015 net neutrality fight. They have published a research post on their website which also states that bitcoin is not illegal under any...
Indians lose crores of rupees in bitcoin exchange collapse
It is believed that many Indian bitcoin operators and traders have lost crores of rupees in the collapse.
Indians across the country hold over 35,000 bitcoins (worth over Rs 100 crore). Non-Resident Indians too deal in this currency, which is currently trading at $550 apiece but is not backed by any financial authority or real asset.
Today, a single bitcoin costs about Rs 37,000. This includes...
Date: 2018-01-25 06:41:18
Bitcoin mania: India gets its first mobile app for ...
New Delhi:�At a time when bitcoins are in focus for all the wrong reasons, cryptocurrency dealer Pluto Exchange on Thursday announced the launch of India's first mobile application for transacting in the virtual currency.
At a press conference here, Pluto Exchange Founder and Chief Executive Bharat Verma said that his company is all set to launch the country's first app-based wallet that...
Bitcoin Pdf -What is Bitcoin,Litecoin & Other Cryptocurrencies
What Is Bitcoin?Bitcoin Pdf -What is Bitcoin,Litecoin & Other Cryptocurrencies
"Bitcoin is a type of digital currency that enables instant payments to anyone.
Bitcoin was introduced in 2009.
Bitcoin is based on an open source protocol and is not issued by any central authority.
Bitcoin is a type of virtual currency, created in 2009 by an unknown person named Satoshi Nakamoto.
There are no Middle...
How to buy and sell bitcoins? Are bitcoins legal in India?
How to buy and sell bitcoins? Are bitcoins legal in India?
Karan Dhar ������� Last Updated:�December 19, 2017 �|�16:58 IST
With a 300 per cent increase in its value in just one year, Bitcoins could well be the kind of investment you may be looking for.
However, in spite of all the curiosity, many of us have wondered if it is safe to buy, store and sell bitcoins in...
Virtual BSE/NSE Demo/Practice Trading Accounts for Indian ...
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Bitcoin: Welcome to the digital gold rush | Forbes India
Illustration: Sameer Pawar
On December 10, a new bitcoin futures contract listed on the Chicago Board Options Exchange (CBOE) and started trading at $15,400 levels.Nothing unusual there, considering that the digital currency was quoting a little over $16,000 that day in the spot market.
But the new contract didn't quite stay around $15,400 that day. Soon, it surged to $18,850 before settling...
Reserve Bank of India - Press Releases
The Reserve Bank of India has today cautioned the users, holders and traders of Virtual currencies (VCs), including Bitcoins, about the potential financial, operational, legal, customer protection and security related risks that they are exposing themselves to.
The Reserve Bank has mentioned that it has been looking at the developments relating to certain electronic records claimed to be...
Related topics : digital virtual currency and bitcoins / virtual currency exchange bitcoin / bitcoin peering electronic payment system / virtual currency bitcoin / virtual & digital currency and payment systems
How to buy bitcoins in India? – Goodreturns
Reserve Bank of India (RBI) Regulations for Bitcoins in India
In one of the PTI reports, RBI made a statement "The RBI advises that it has not given any licence/authorisation to any entity/company to operate such schemes or deal with Bitcoin or any virtual currency. As such, any user, holder, investor, trader, etc., dealing with virtual currencies will be doing so at their own risk". The apex...
Pluto Exchange launches India’s first bitcoin trading app ...
At a time when bitcoins are in focus for the wrong reasons, cryptocurrency dealer Pluto Exchange on Thursday announced the launch of India's first mobile application for transacting in virtual currencies.
At a press conference here, Pluto Exchange founder and Chief Executive Bharat Verma said his company is all set to launch the country's first app-based wallet that enables bitcoin transactions using a...
Date: 2018-01-30 17:07:22
Bitcoin - Latest News on Bitcoin | Read Breaking News on ...
Here are various possibility of taxing bitcoin profits under different circumstances.
Dec 19, 2017, 08:56 AM IST
The offer will be open to around 4,000 employees.
Dec 15, 2017, 13:35 PM IST
Bitcoin was trading at $17,750 per unit for the futures contract expiring on January 17, thus exceeding the highest value it had reached on alternative non-regulated internet platforms.
Dec 11, 2017, 10:33 AM...
Date: 2017-12-20 04:47:15
Bitcoins: Latest News, Photos, Videos on Bitcoins - NDTV.com
TRON (TRX) Falls 5%. Five Things Cryptocurrency Investors Should Know
Business | NDTV Profit Team | Thursday January 11, 2018
Tron (TRX) trades at $0.111838 on Thursday, as the data given by CoinMarketCap. The price is the average price of 36 stock exchanges that deal in Tron worldwide.
Bitcoins Will Come To A Bad End, Says Warren Buffett. Ten Things To Know
Business | NDTV Profit Team | Thursday...
7 things to know about Bitcoin | GulfNews.com
Bitcoin is a virtual currency created from computer code. Unlike a real-world unit such as the US dollar or euro, it has no central bank and is not backed by any government.
Instead, Bitcoin's community of users control and regulate it. Advocates say this makes it an efficient alternative to traditional currencies because it is not subject to the whims of a state that may devalue its money to...
Cryptotradee.com Cryptocurrency Trading in India
What is CryptoCurrency ? ? ? ��
What is a 'Cryptocurrency'
A cryptocurrency is a digital or virtual currency that uses cryptography for security....
Date: 2018-01-20 04:37:21
Related topics : virtual currency trading india
Bitcoin valuation tops $7,000 as crackdown looms over ...
Comparing different cryptocurrencies
Digital currency Bitcoin reached a new all-time high of $7,000 on Thursday as the cryptocurrency's valuation continues to climb after a more than tenfold increase in its worth over the past one year.
Bitcoin's value has more than doubled in the past seven weeks, and the digital currency is now on course for the fifth successive quarter of increases,...