Speculations regarding the blocking of IP addresses have come at a time when reports have already surfaced that the Centre will table Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in the Parliament very soon

\"If Bitcoin prices crash, it may cause a correction in the stock market. Let's hope cryptocurrencies, particularly Bitcoins, do not crash,\" said Morbius. He believes if cryptocurrencies, particularly Bitcoin, crash, they will impact stock markets globally

The uncertainty around cryptocurrencies in India continues as the government is now planning to propose a new law which will not only ban digital money but will also fine anyone trading in the country or even holding such digital assets.

The bill, one of the world's strictest policies against cryptocurrencies, would criminalise possession, issuance, mining, trading and transferring crypto-assets

Rallying over 300 per cent in the last year, the world's largest cryptocurrency, Bitcoin, has gained popularity in the country among other crypto assets, with top exchanges witnessing a multifold jump in trading volumes

The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year

While Air India disinvestment is not likley to conclude by March 2021, the BPCL deal, coupled with privatisation of Shipping Corporation and CONCOR can push disinvestment proceeds to close to Rs 80,000 crore this fiscal.

Upward rally is expected to continue as Bitcoin has seen a speedy rise since it hit key psychological mark $20,000 for first time on December 16. Cryptocurrency surged to its all-time high of $27,666.17 on Sunday before settling down at $27,647.23

The value of the cryptocurrency has shot up from $5,000 in March to $25,000, marking a colossal 400 percent increase in the past eight months.

Wistron violence: Govt probes wage delay charges; iPhone shipments least impacted Following the violence at Wistron's manufacturing facility in Narasapura four days ago, Karnataka's labour department had initiated a probe to verify the allegation of non-payments of wages to the workers. Sources told Business Today that while notices have been sent to several third-party contractors including Quess Corp, Adecco, Innov among others, a report to the state government is also expected to be subm...

JP Morgan has been predicting a major shift in gold and crypto markets as digital currencies are getting increasingly popular

The draft of Banning of Cryptocurrency and Regulation of Official Digital Currency Bill 2019 has reportedly proposed a 10-year-long prison term for people who \"mine, generate, hold, sell, transfer, dispose, issue or deal in cryptocurrencies\".

In April last year, RBI had issued circular banning banks from providing services to crypto businesses. However, some exchanges have found a new way around the banking problem by launching exchange-escrowed peer-to-peer services.

Chinese crypto-mining equipment makers plan to get listed in Hong Kong; major international airlines are beginning to pad their schedules with extra time to give the impression that the aircraft are arriving on time; diesel and petrol prices have hit new record high. BusinessToday.In Editor Rajeev Dubey explains this and more on The Good, The Bad and The Ugly.