
₹936 cr attached in crypto frauds, 5 arrested: FinMin
The ED is investigating several cases related to cryptocurrency frauds wherein a few crypto exchanges have been found involved in money laundering, says MoS Pankaj Chaudhary
The ED is investigating several cases related to cryptocurrency frauds wherein a few crypto exchanges have been found involved in money laundering, says MoS Pankaj Chaudhary
With most countries hardening their stance against crypto, investors will have to tread a cautious line.
As more and more people use it, the ecosystem will become more robust. The trust levels in the asset class will change and it will achieve stability.
It is important to arrive at a common approach to crypto assets to protect investors, says RBI.
Bitcoin and Ethereum are down 75% from their all-time highs in November 2021; some experts believe that cryptos will bounce back in the coming months.
The development comes as delegates from other G20 countries are on a three-day visit from December 13 to December 16 to India for a G20 meeting.
The crypto industry expects in the upcoming Union Budget 2023, the Centre will fast-track implementation of the regulatory framework for crypto exchanges.
e₹-R is a digital token that has real value like rupee notes or coins. CBDC will make transactions and currency exchange smoother, and it’ll boost financial inclusion. An explainer.
Through the bankruptcy, the company has sought protection to restructure, settle its debts and recover money from investors.
The development comes as the crypto exchange is undergoing investigation for financial discrepancies with millions of customers’ funds missing from the crypto exchange.