Meme based cryptocurrency Shiba Inu tops in the Coinmarketcap index of most viewed crypto coins in 2021 with 188 million-plus views; Bitcoin got 145 million views.
Bitcoin price fell 2.01 per cent in the last 24 hours, while Dogecoin was down by 3.92 per cent. Crypto Bill is likely to get deferred, as the Centre has not yet finalized the details of its legislation.
RBI in 592nd central board meet conveyed its intentions on cryptocurrencies, and clarified that it wants a complete ban on it.
RBI governor Shaktikanta Das chaired the 592nd meeting of the central board of directors to discuss various aspects of crypto and CBDC.
Women investors in India are gradually taking to cryptocurrencies but the number is considerably low as high volatility is a big deterrent for investors who prefer stability. Women investors prefer an investment with stability.
UK advertisements watchdog has banned seven cryptocurrency adverts by categorising them as "red-alert priority." While ASA may come up with new advert guidance in the UK, the government of India is likely to make more changes in the crypto bill.
The government of India may not table Crypto Bill in the ongoing session of the Parliament, as the government plans not to rush on this issue. But they may take an ordinance route for this, NDTV reported.
Cryptocurrencies are highly risky and have the potential to create financial instability. Plus, in India, crypto payments are not as smooth as one would like to believe.
Bitcoin was down by 0.25 per cent in the last 24 hours, while Dogecoin fell by 1.44 per cent. Finance Ministry of India said that crypto bill is under consideration for finalization by the Cabinet.
While some countries have entirely banned cryptocurrency, some have tried to partially regulate their flow in the economy. Outlook Business delves into the varied approaches adopted by different countries in regulating the digital asset.
The government has made it clear in the ongoing Winter Session of the Parliament that it had no plans to boost the cryptocurrency sector in India.
Bitcoin was down by 0.03 per cent in the last 24 hours, while Ethereum was up by 0.68 per cent, according to coinmarketcap.com. CII has proposed to come up with regulations to monitor crypto in India.
Bitcoin (BTC) has fallen 0.79 per cent in the last 24 hours, while Ethereum is down 0.56 per cent over the same period.
Ethereum is up by 10.93 per cent in the last 24 hours while Samoyedcoin and Dogelon Mars rise more than 30 per cent over the same period of time.
During the ongoing Winter Session of Parliament, the Finance Ministry mentioned that government doesn’t gather any data related to crypto and the proposed CBDC wouldn’t have volatility like private cryptocurrencies.
As per an Economic Times report, the government is considering altering the tax laws such that Indians trading or investing in the unregulated asset could be bought under the tax ambit.
Euro Shiba Inu (ESHIB), which jumped more than 25,000 per cent on December 2 to shed the gains later in the day, was up on December 3, while major coins, including Bitcoin and Ethereum, registered minor price changes.
Many countries such as China, India and the US are looking towards Central Bank Digital Currency (CBDC) as a virtual currency that has the advantages of digital but is also regulated.
A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.PTI Photo
Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.PTI Photo
A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.PTI Photo
Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.PTI Photo/ Shahbaz Khan
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The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
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