Crypto currency News

According to trade analysts, Bitcoin could climb as high as $80,000 in the near future, driven by a combination of heightened demand, market sentiment and policy expectations under a Trump administration.

Statistics show all major cryptocurrencies saw a double-digit drop.

You need to be careful before transacting and trading in crypto-currency. The Government of India has now implemented the provisions of money laundering in crypto-currency trading. Now the transaction of digital currency of crypto will also come under money laundering.

Digitalization of the payment system can aid in the environmentally-conscious method of payments. Digitalization of the payment system can also foster financial inclusion. In a blog, IMF said that few parts of the world have embraced crypto assets.

The UN body released data on the share of the population in the top 20 economies that owned digital currencies in 2021. Ukraine topped the list with 12.7 pc of its population holding such currencies.

Govt open to promote innovation. Govt does not want to hurt innovation around crypto. Fear that Crypto can be manipulated for money laundering.

Ever since the news has come about the possibility of banning cryptocurrency, there have been many questions in people's mind that what will happen if it is banned? The question is also what to do in the current situation?

This segment of Zee News brings detailed news stories of the day.

Earlier in August, Jaitley had informed Parliament that there are no regulations governing virtual currencies, including bitcoins, in India and the RBI has not given any licence to any entity/company to operate such currencies.