Manish Kumar of Grex explains why we really need cryptocurrencies and future of the cypto-market in India post RBI ban on trading.
Watch What RBI order means for cryptocurrencies in India With HD Quality.
Manish Kumar of Grex explains why we really need cryptocurrencies and future of the cypto-market in India post RBI ban on trading.
Watch What RBI order means for cryptocurrencies in India With HD Quality
News video | 1157 views
ബിറ്റ് കോയിനെതിരെ വീണ്ടും മുന്നറിയിപ്പുമായി റിസര്‍വ് ബാങ്ക്. ബിറ്റ് കോയിന്റെ മൂല്യത്തിലെ ക്രമാതീതമായ വര്‍ദ്ധന കരുതിയിരിക്കണമെന്ന് ആര്‍.ബി.ഐ മുന്നിറിയിപ്പ് നല്‍കി. ബിറ്റ്‌കോയിന്‍ ഉള്‍പ്പെടെയുള്ള വെര്‍ച്വല്‍ കറന്‍സികള്‍ക്ക് ഒരു ആസ്തിയുടെ പിന്‍ബലവുമില്ലെന്നും വെറും ഊഹക്കച്ചവടത്തിലുണ്ടാകുന്ന മൂല്യം മാത്രമാണ് അവയുടേതെന്നും റിസര്‍വ് ബാങ്ക് അറിയിച്ചു. സമീപകാലത്തുതന്നെ വലിയ ചാഞ്ചാട്ടങ്ങള്‍ ക്രിപ്‌റ്റോ കറന്‍സികളുടെ മൂല്യത്തില്‍ ഉണ്ടായിട്ടുണ്ട്. ഇത്തരം ചാഞ്ചാട്ടങ്ങളില്‍ നിക്ഷേപകര്‍ക്ക് വലിയ നഷ്ടമുണ്ടാകാനുള്ള സാധ്യതയുണ്ട്. എന്നാല്‍ ഏതെങ്കിലും രാജ്യങ്ങളുടെ കേന്ദ്ര ബാങ്കുകളുടെയോ അല്ലെങ്കില്‍ സര്‍ക്കാരുകളുടെയുമൊന്നും നിയന്ത്രണത്തിലല്ല ഓണ്‍ലൈന്‍ കറന്‍സികളെന്നും ആര്‍.ബി.ഐ ഓര്‍മ്മിപ്പിച്ചു.
Alert Bitcoin investors! RBI issues another warning, says cryptocurrencies have some risks
News video | 279 views
The Indian government is in the process of framing a national law to regulate the cryptocurrency market. In a fresh statement the Reserve Bank of India said, the use of Private cryptocurrencies pose immediate risks to customer protection and anti-money laundering (AML) and combating the financing of terrorism (CFT), the Reserve Bank of India (RBI) and Financial Stability Report (FSR) noted. They are also prone to frauds and to extreme price volatility, given their highly speculative nature. Longer-term concerns relate to capital flow management, financial and macro-economic stability, monetary policy transmission and currency substitution,' the report said.
According to the Financial Action Task Force (FATF), the virtual asset ecosystem has seen the rise of Anonymity-Enhanced Cryptocurrencies (AECs), mixers and tumblers, decentralised platforms and exchanges, privacy wallets, and other types of products and services that enable or allow for reduced transparency and increased obfuscation of financial flows. New illicit financing typologies continue to emerge, including the increasing use of virtual-to-virtual layering schemes that attempt to further muddy transactions in a comparatively easy, cheap and anonymous manner, the report said. These comments assume significance in the context of ongoing debates on whether India should ban private cryptocurrencies or not. The RBI, time and again, has highlighted the deeper macroeconomic concerns posed by the unregulated private cryptocurrency market in India. However, the central bank is open to the idea of introducing a Central Bank Digital Currency (CBDC).
The report reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system. The aggregate market capitalisation of the top 100 cryptocurrencies has reached $2.8 trillion in the emerging market economies that are subject to ca
Technology video | 151 views
In a frontal attack on the Congress, Prime Minister Narendra Modi on Thursday alleged that those who imposed Emergency, 'bullied' the judiciary and insulted the Army were accusing him of destroying institutions. Hitting out at the Congress, Modi said for some BC stands for 'before Congress' and AD for 'after dynasty'.
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Goa means Happiness, Nature, Tourism but now Goa means new model of development: PM Modi
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Goa means Happiness, Nature, Tourism but now Goa means new model of development: PM Modi
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Congress means 'scam', BJP means 'scheme': C T Ravi
Congress means 'scam', BJP means 'scheme': C T Ravi
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Voting for JD(S) means voting for Congress, and voting for Congress means lifting the ban from PFI.
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Voting for JD(S) means voting for Congress, & voting for Congress means lifting the ban from PFI
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