In brief
RAJYA SABHA STRARRED QUESTION
NO. *79TRADING IN #CRYPTOCURRENCY
Answered by MoS @ianuragthakur
| @FinMinIndia | pic.twitter.com/ujvTT2P7sD
— Office of Mr. Anurag Thakur (@Anurag_Office) February 9, 2021
$107,847.00
-0.47%$2,672.76
0.25%$2.29
0.05%$684.63
-0.04%$171.43
-1.20%$0.999777
0.00%$0.222417
0.06%$0.746024
-1.06%$0.277375
0.83%$2,677.42
0.66%$107,786.00
-0.57%$3.64
-1.10%$3,232.21
0.75%$33.23
-3.84%$15.59
-1.73%$23.08
-1.59%$0.285264
-0.45%$0.0000143
0.35%$9.05
-0.22%$3.35
-1.87%$413.93
-0.54%$0.184241
-0.91%$96.28
0.22%$2,671.35
0.39%$0.999785
-0.01%$4.52
-0.95%$2,859.66
0.44%$342.05
-3.11%$5.24
-1.57%$0.999614
-0.29%$0.00001415
1.63%$0.999292
-0.11%$0.706404
-4.20%$107,806.00
-0.78%$31.46
-0.84%$6.96
2.43%$259.24
-3.55%$429.63
-2.69%$2.88
1.00%$5.34
-0.19%$52.09
-0.20%$206.34
-0.95%$0.92876
-2.36%$1.00
0.00%$36.42
-6.37%$5.43
1.64%$0.096952
-0.90%$1.17
-0.04%$18.54
-0.43%$0.100362
-2.99%$12.30
-3.13%$20.25
-2.00%$0.704349
-2.58%$0.02667918
-3.30%$0.879866
-2.60%$1.053
0.08%$4.39
-1.82%$0.384627
-1.70%$4.82
0.50%$1.001
0.06%$0.230231
-0.03%$1.33
-1.38%$0.41512
1.12%$107,687.00
-0.52%$2.83
-1.07%$4.43
-0.13%$0.215257
-1.73%$0.588016
-2.53%$2.57
-2.28%$114.66
-3.40%$0.994075
-0.37%$2,678.79
0.48%$4.61
-0.43%$0.00001973
-1.48%$180.95
-1.54%$2.31
-2.86%$11.31
-0.48%$14.44
-3.67%$0.442873
-0.68%$2,814.14
1.05%$0.764015
-1.94%$0.847103
-2.59%$1.27
-4.74%$3,006.49
-0.81%$0.998903
-0.03%$1.24
-1.22%$4.28
-1.41%$0.223753
-0.79%$0.01822885
-2.95%$0.627369
-1.91%$0.75063
-1.06%$1.094
-1.71%$1.15
12.70%$0.109062
-1.25%$0.063834
0.50%$108,042.00
-0.17%$0.752909
-1.54%$0.999895
-0.21%$2,853.06
0.40%$0.00010132
0.22%$1,709.53
1.13%$221.79
-0.73%$684.69
-0.11%$107,783.00
-0.61%$2.77
-2.64%$2,808.04
0.46%$55.05
6.40%$0.999533
-0.01%$3.02
-3.28%$190.34
-1.13%$0.01920013
-2.18%$0.857293
-1.97%$1.00
0.00%$0.936478
1.16%$107,465.00
-1.55%$2,775.36
-0.83%$0.01689013
-2.41%$3,316.66
0.27%$0.802453
-2.03%$3,327.94
0.19%$23.89
0.95%$13.73
10.97%$0.20521
-2.23%$0.01218282
-2.74%$0.133044
-3.53%$0.305317
-0.78%$0.560965
-0.30%$4.48
-0.19%$36.48
-0.43%$0.00000073
0.20%$107,592.00
-0.79%$3.68
-1.52%$0.999886
-0.01%$0.114291
-0.45%$0.631298
-0.37%$0.065926
-2.37%$1.86
-4.77%$111.22
0.01%$0.398172
-2.01%$0.997751
0.03%$2.02
-0.67%$1.86
-4.32%$0.01815094
-1.42%$0.591913
2.09%$2,661.38
0.22%$2.13
-5.33%$0.308771
-1.32%$2,667.75
-0.11%$1.09
-0.06%$0.222394
0.37%$0.710981
1.29%$2,761.45
1.30%$0.210364
4.78%$2,848.67
0.27%$2.28
2.36%$107,773.00
-0.62%$0.00511043
-2.00%$2,670.84
0.34%$1.66
5.15%$17.70
-3.19%$0.424033
-2.80%$1.10
0.03%$0.996714
-0.13%$0.00609231
39.81%$0.157692
-3.53%$107,788.00
-0.67%$0.623619
-2.27%$7.39
-0.93%$0.579559
-0.93%$0.00823207
-2.57%$6.60
-0.45%$2.87
-0.27%$0.050687
-2.21%$0.00000118
0.41%$0.999726
0.00%$0.064092
3.45%$0.422557
-2.93%$1.39
-0.95%$0.692106
-1.10%$0.097438
-4.15%$0.087525
-1.02%$0.00002213
0.71%$0.174626
-4.14%$0.406361
-5.34%$105,661.00
-0.32%$33.09
-4.13%$0.00000044
0.19%$0.437882
-3.45%$0.165096
-1.50%$2,680.35
1.20%$0.04332735
-2.12%$1.089
0.01%$1.004
0.91%$36.78
-0.91%$0.00768399
-0.57%$1.45
-1.89%$1.45
-3.56%$2,826.05
-0.37%$0.00423754
-3.92%$42.64
-0.24%$1.004
0.15%$0.999906
0.02%$0.997985
-0.18%$0.392846
0.36%$0.01967128
0.93%$0.00449241
-1.84%$0.375213
-7.83%$2,932.36
0.50%$0.15183
-5.54%$138.56
0.85%$107,257.00
-0.77%$33.08
-5.71%$0.606546
3.06%$2,911.66
0.31%$0.00509061
-2.28%$0.840362
-2.19%$0.23041
0.09%$0.771791
-2.74%$0.03509734
-0.13%$107,795.00
-0.52%$0.00006216
-0.70%$2.82
-2.61%$0.00378505
-4.00%$0.241507
2.62%$2,670.70
0.51%$0.329571
-0.70%$19.94
0.42%$2,680.91
0.47%$0.00000158
0.98%$185.42
-1.33%$2,878.46
-0.08%$0.336429
-2.54%$0.797834
2.95%$23.08
-0.99%$0.999115
-0.05%$0.999299
-0.03%$0.28411
-6.16%$0.999903
0.01%$0.673672
-1.04%$0.244439
-2.53%$18.16
-0.57%$2.65
-2.59%$23.63
-1.49%$0.999757
0.00%$190.83
-1.14%$0.00277744
-6.94%$3.13
-3.38%$0.00066669
-5.73%Reading
India is one step closer to clamping down on crypto. The country’s junior finance minister, Anurag Thakur, said yesterday that there should be more regulation of BitcoinBitcoin and other digital assets—and that a bill was being finalized.
Thakur was referring to India’s plan to control digital assets. This includes a framework for a central bank digital currency (CBDC) but also a ban on the use of “private cryptocurrencies”—such as Bitcoin and Ethereum. The bill, however, doesn't yet go into further detail, and it isn't clear how exactly Indian citizens will be restricted in their use of such assets.
RAJYA SABHA STRARRED QUESTION
NO. *79TRADING IN #CRYPTOCURRENCY
Answered by MoS @ianuragthakur
| @FinMinIndia | pic.twitter.com/ujvTT2P7sD
— Office of Mr. Anurag Thakur (@Anurag_Office) February 9, 2021
The legislative proposal, the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, is yet to be formally released. But Thakur’s speech made it clear that the government wasn’t planning to be lenient with its citizens’ digital stashes.
“The existing laws are inadequate to deal with the subject,” he said, referring to those who own crypto. “The bill is being finalized and will be sent to the cabinet.”
It’s hard to think of an economy with more to gain from dropping its inhibitions and embracing cryptocurrencies than Asia’s third-largest. India is the site of one of today’s liveliest — and most perplexing — debates on digital mediums of exchange. One moment, the Reserve Bank of India is banning commercial lenders from dealing with such assets. The next, the Supreme Court swoops in to save the day — and the market for blockchain-related enterprises. Now, Prime Minister Narendra Modi’s Finance M...
He then added that there are “different definitions of cryptocurrencies or virtual currencies” before noting that it was previously discussed by lawmakers that there would be restrictions on using “private cryptocurrencies.”
It is not clear how strict the new bill will be or what a “ban” would entail. Last year, a draft proposed up to 10 years of prison or fines up to $3.3 million for using decentralized cryptocurrencies such as Bitcoin.
As last reported by Decrypt, a draft bill in January made no mention of a jail sentence.
Though even if the government won’t be willing to put crypto users behind bars, the country’s lawmakers today made it clear that the country has no plans to encourage the use of Bitcoin or other cryptocurrencies.
SOL Strategies, a Canadian public company focused on the Solana blockchain, has filed a $1 billion preliminary short-form base shelf prospectus as it doubles down on its investments in the world's sixth-largest crypto. The company said the move aims to provide it with increased “financial flexibility” to capitalize on emerging opportunities within the Solana ecosystem, according to a filing on Tuesday. In other words, the move will allow SOL Strategies to prepare for potential capital raises, al...
Eric Trump and Donald Trump Jr. bashed the traditional finance system and championed the U.S.' pro-crypto pivot and their own digital asset endeavors on Wednesday at the Bitcoin 2025 conference in Las Vegas—underscoring the Trumps' growing enmeshment with the cryptocurrency community, despite critics' concerns over conflicts of interest posed by the First Family's embrace of the industry. The two eldest sons of U.S. President Donald Trump touted the U.S.' foray into Bitcoin and other cryptocurr...
Online trading platform eToro announced on Wednesday that it has added 12 cryptocurrencies to its U.S. platform, expanding its digital asset offerings in the country after sharply scaling back its presence last year due to regulatory constraints. The new tokens available to U.S. users include Cardano, Dogecoin, XRP, and Shiba Inu, among others, bringing the total number of listed assets from three to 15. These tokens join Bitcoin, Ethereum, and Bitcoin Cash, the only crypto assets the firm offe...