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Latest Articles in digital currency

Global Crypto Exchange CrossTower Enters India Despite Policy Uncertainty

India’s digital currency market has grown from $923 million in April 2020 to $6.6 billion in May 2021. Among 154 countries, India ranks 11th in cryptocurrency adoption

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CryptoBiz Exchange Takes Huge Strides With A Solid Technical Team

The government is also examining possible regulations of cryptocurrency exchanges with a focus on protecting investors and preventing market manipulation, as well as financial account reporting as it relates to crypto asset exchange accounts and payment service accounts that accept cryptocurrencies.

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Modi Government Looking To Bring Digital Rupee In A Phased Manner

Recently, RBI Deputy Governor T Rabi Shankar expressed the government’s intention to launch its own version of digital currency in a phased manner.

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RBI Contemplating Pilot Launch Of Digital Currency In Near Future: Dy Guv

The Deputy Governor further said legal changes would be necessary as the current provisions have been made keeping in mind currency in a physical form under the Reserve Bank of India Act.

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India Fastest-Growing Fintech Market, Ahead Of US In Financial Innovation: Senator Steve Daines

'India is among the fastest-growing FinTech markets in the world. In fact, India processed nearly 10 billion more real-time payments than China in 2020, USD 25.5 billion, versus USD 15.7 billion for China

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IAMAI-BACC Sets Up Self-Regulatory Code Of Conduct For Crypto Exchanges

IAMAI-BACC noted that with 15 million users and upwards of Rs 10,000 crore held by small investors, India is among the top players globally in the crypto market.

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Blockchain, Cryptocurrency Can Help Democratise Financial Services: PayPal CTO

The infrastructure we are building will not only support digital currencies, which we are already beginning to do, but the intent over time is to also support all of the central bank digital currencies as well, as a form of digital money

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Trade In Cryptos: The New Digital Currency

Cryptocurrencies are far safer than the hard currency transactions since they use various timestamping schemes to "prove" the validity of transactions added to the blockchain ledger without the need for a trusted third party.

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Bitcoin Mania Triggers Fundraising Rush By Chinese Players

Cryptocurrency exchanges are banned and mining frowned upon, but there is strong official support for developing blockchain technology, which underpins cryptocurrencies such as bitcoin, but is also key to new innovations in areas such as trade finance, supply chain management and anti-counterfeiting.

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Cryptocurrency Trading Volumes Spike 17% In February - Cryptocompare

The embrace of cryptocurrencies by the likes of Tesla Inc and Mastercard Inc drove bitcoin to a record high of $58,354 and a $1 trillion market capitalisation last month.

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Bitcoin Extends Retreat From Record High To Hit Lowest In 20 Days

Major firms such as BNY Mellon, asset manager BlackRock Inc and credit card giant Mastercard Inc have backed cryptocurrencies.

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Digital Currency Can Transform Payment Transactions; Poses Disintermediation Risk: RBI Report

The public can convert their CASA deposits with banks into CBDC, thereby raising the cost of bank-based financial intermediation with implications for growth and financial stability

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Bitcoin Falls As Much As 6% As It Pulls Back From Record High

Bitcoin hit a low of $50,848 in the session following a wild ride on Monday where it traded in a $10,000 range. It's up nearly 90% from the year's low of $27,734.

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Bitcoin's market value tops $1 trillion

Bitcoin's market value tops $1 trillion

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Bitcoin Tops $50,000 As It Wins More Mainstream Acceptance

The rush in 2021 by retail and institutional investors comes on top of a 300% rise last year as investors searched for high-yielding assets and dollar alternatives amid rock-bottom or even negative interest rates globally.

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