News for 'cryptocurrency'

Trump lists India, China among 23 countries as major drug transits

Trump lists India, China among 23 countries as major drug transits

Rediff.com18 Sep 2025

United States President Donald Trump has named 23 countries as the major drug transit or major illicit drug-producing countries in a 'Presidential Determination' submitted to Congress.

Will AI Mania Provoke Market Meltdown?

Will AI Mania Provoke Market Meltdown?

Rediff.com10 Nov 2025

'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.

Why 80% Indian Households Avoid Financial Risk

Why 80% Indian Households Avoid Financial Risk

Rediff.com22 Oct 2025

'It takes time and the experience of a few market cycles to develop awareness about one's true risk appetite.'

NBA stars among dozens arrested in illegal gambling probe

NBA stars among dozens arrested in illegal gambling probe

Rediff.com24 Oct 2025

Chauncey Billups, an NBA Hall of Fame player and head coach of the Portland Trail Blazers, and Terry Rozier, a guard with the Miami Heat, were among more than 30 people charged on Thursday.

'Lot of bidders' to sponsor Team India's new jersey

'Lot of bidders' to sponsor Team India's new jersey

Rediff.com13 Sep 2025

BCCI's vice-president Rajiv Shukla said the Indian cricket team's new jersey sponsor will be finalised in the next two to three weeks.

India's cricket jersey gets new sponsor - Apollo Tyres

India's cricket jersey gets new sponsor - Apollo Tyres

Rediff.com16 Sep 2025

Apollo Tyres has been locked in as the new jersey sponsor for the Indian cricket team following the exit of online game platform Dream11, a senior BCCI official told PTI on Tuesday.

Cryptocurrencies: 'Invest for long-term'

Cryptocurrencies: 'Invest for long-term'

Rediff.com3 Jun 2021

'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'

Trump: 'Field Marshal Munir Is A Very Great Guy'

Trump: 'Field Marshal Munir Is A Very Great Guy'

Rediff.com26 Sep 2025

'We have a great leader coming, the prime minister of Pakistan and the field marshal.'

Analysts place higher bets on gold despite silver's outperformance

Analysts place higher bets on gold despite silver's outperformance

Rediff.com5 Oct 2025

As the rally in precious metals takes centre stage in 2025, most analysts recommend a larger allocation to gold over silver despite the latter's outperformance this year. In the current calendar year (CY25), spot gold prices in dollar terms rallied

How To PROTECT Cryptocurrencies From Hackers

How To PROTECT Cryptocurrencies From Hackers

Rediff.com29 Oct 2021

Choosing the right wallet is crucial, alerts Bindisha Sarang.

Navy HQ staffer held for leaking Op Sindoor details with Pak handler

Navy HQ staffer held for leaking Op Sindoor details with Pak handler

Rediff.com26 Jun 2025

Vishal Yadav, an Upper Division Clerk (UDC) in the Directorate of Dockyard at the Navy building, allegedly also shared details on Operation Sindoor -- strikes carried out by the Indian Armed Forces in Pakistan and Pakistan-occupied Kashmir in response to the Pahalgam terror attack.

Why cryptocurrencies will continue to grow in India

Why cryptocurrencies will continue to grow in India

Rediff.com6 Jan 2022

The future of cryptocurrencies in India appears uncertain but that has not deterred young Indians from embracing the so-called 'fourth industrial revolution' world, where interconnectivity and smart automation, much of it relying on blockchain technology, drive human civilisation. Reserve Bank of India (RBI) Governor Shaktikanta Das has repeatedly warned of macroeconomic instability and even "serious consequences" if cryptocurrencies turn mainstream. The country's monetary authority wants a China-like total ban on crypto, not even allowing these currencies to be treated as investments. Though Parliament's website had listed the Cryptocurrency and Regulation of Official Digital Currency Bill as one seeking a total ban of cryptocurrencies in the country, it was not presented in the Winter Session. India now has the highest number of cryptocurrency investors in the world.

Team India Sponsorship: BCCI bars gaming, crypto firms

Team India Sponsorship: BCCI bars gaming, crypto firms

Rediff.com2 Sep 2025

The BCCI invited bids for the Indian cricket team's title sponsorship rights after fantasy sports giants Dream11's pullout.

Cryptocurrencies a challenge for emerging markets: Gita Gopinath

Cryptocurrencies a challenge for emerging markets: Gita Gopinath

Rediff.com16 Dec 2021

International Monetary Fund (IMF) chief economist Gita Gopinath has made a strong case for regulating cryptocurrencies, saying it will always be a challenge to ban them as they operate from offshore exchanges. Gopinath also suggested a global policy and co-ordinated action for regulating cryptocurrencies. "I think cryptocurrencies are a particular challenge for emerging markets. "It seems to be more attractive to adopt cryptocurrencies and assets in emerging economies than in advanced economies," she said while addressing an event organised by the National Council of Applied Economic Research (NCAER) on Wednesday.

Crypto use suspected in terrorism, secessionist activities: FIU report

Crypto use suspected in terrorism, secessionist activities: FIU report

Rediff.com13 Mar 2025

A trends study conducted by India's Financial Intelligence Unit (FIU) has expressed suspicion that cryptocurrency is being used across the country in serious criminal acts like terrorist financing, fuelling secessionist activities, cybercrime, narcotics trafficking, illegal betting and gambling. The report, which was based on suspicious transaction reports and operational analysis, shared these trends and credible intelligence with law enforcement agencies.

9 Must Read Money Rules For YOU

9 Must Read Money Rules For YOU

Rediff.com25 Aug 2025

Chartered accountant Nitin Kaushik's message to India's young workforce is clear: spend smart, save smarter and let money serve your goals.

Waiting for Cabinet approval, FM on cryptocurrency bill

Waiting for Cabinet approval, FM on cryptocurrency bill

Rediff.com16 Aug 2021

Finance Minister Nirmala Sitharaman on Monday said she is awaiting an approval from the Cabinet on bill on cryptocurrency as the proposed legislation is before it. The inter-ministerial panel on cryptocurrency under the chairmanship of secretary (economic affairs) to study the issues related to virtual currencies and propose specific actions has already submitted its report. It has recommended that all private cryptocurrencies, except any virtual currencies issued by state, will be prohibited in India.

ED freezes Rs 110 crore in Parimatch betting platform case

ED freezes Rs 110 crore in Parimatch betting platform case

Rediff.com14 Aug 2025

The Enforcement Directorate (ED) has frozen Rs 110 crore and seized 1,200 mule credit cards following searches against the Indian operations of Parimatch, a Cyprus-based online betting platform, for alleged money laundering and cheating investors.

Sharif thanks Trump for 'historic' trade deal with Pak

Sharif thanks Trump for 'historic' trade deal with Pak

Rediff.com31 Jul 2025

Pakistan's Prime Minister Shehbaz Sharif on Thursday thanked United States President Donald Trump for the 'historic' trade agreement reached between Islamabad and Washington, and expressed hope that it would expand cooperation between the two nations.

Doctor kept under 'digital arrest' for 8 days, loses Rs 3cr

Doctor kept under 'digital arrest' for 8 days, loses Rs 3cr

Rediff.com28 Jun 2025

In the month of May, the victim got a call from a person identifying himself as telecom department staffer Amit Kumar, who told her a SIM card had been bought with her personal details for use in criminal activities.

Little group called BRICS is fading out fast: Trump

Little group called BRICS is fading out fast: Trump

Rediff.com19 Jul 2025

United States President Donald Trump has warned that countries aligning with the BRICS economic bloc will face additional 10 per cent tariffs on their goods, as he seeks to protect the dollar's global dominance.

CBI raids 7 places in Rs 350-cr crypto ponzi scam, seizes digital evidence

CBI raids 7 places in Rs 350-cr crypto ponzi scam, seizes digital evidence

Rediff.com24 Jan 2025

The Central Bureau of Investigation (CBI) conducted searches at seven locations across India in connection with a Rs 350 crore crypto ponzi scam. The accused, operating seven modules in different cities, allegedly lured investors with promises of high returns on cryptocurrency investments. The CBI seized digital virtual assets totaling USD 38,414 in cryptocurrency wallets, cash amounting to Rs 34.2 lakh, and digital evidence, including mobile phones, laptops, tablets, hard disks, and memory cards. The agency registered the case under the Indian Penal Code and the Information Technology Act.

Mukesh Ambani bats for data privacy, cryptocurrency bills

Mukesh Ambani bats for data privacy, cryptocurrency bills

Rediff.com3 Dec 2021

Billionaire Mukesh Ambani on Friday backed the proposed data privacy and cryptocurrency bills, saying India is putting in place the most forward-looking policies and regulations. Ambani, who has been a votary of Indians owning and controlling their own data and the nation drafting strict rules around how digital information is stored and shared, said nations have the right to build and protect strategic digital infrastructure. Stating that data is the 'new oil', he said every citizen's right to privacy has to be safeguarded. "India is putting in place the most forward-looking policies and regulations," he said at the Infinity Forum, hosted by International Financial Services Centres Authority (IFSCA).

India's $100 Bn Gambling Black Hole

India's $100 Bn Gambling Black Hole

Rediff.com11 Jun 2025

'The larger and more opaque this shadow economy becomes, especially online, the greater the risk to India's national security.'

Crypto: Assess Risks Before Investing

Crypto: Assess Risks Before Investing

Rediff.com19 Mar 2025

Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.

Govt mays block IP addresses of cryptocurrency exchanges

Govt mays block IP addresses of cryptocurrency exchanges

Rediff.com30 Mar 2021

The government is considering blocking internet protocol (IP) addresses of companies/exchanges on which trading in cryptocurrencies is happening, said a source in the know. Two months ago, the government had said it intended to bring a Bill to ban private cryptocurrencies and introduce India's own digital currency in line with what China and other countries had done. This move is part of that. The government had also proposed to promote technology like blockchain. Industry, however, says banning decentralised currencies like bitcoin and ethereum is not possible.

Limit Crypto Bets: 2%-5% Is Safe Zone

Limit Crypto Bets: 2%-5% Is Safe Zone

Rediff.com5 Aug 2025

Investors should be mindful of the high volatility in cryptos: Bitcoin has fallen more than 80 per cent in past corrections.

I-T Rolls Out ITR-2, 3

I-T Rolls Out ITR-2, 3

Rediff.com12 Jul 2025

Taxpayers required to file ITR-2 or ITR-3 can now download the Excel utilities from the I-T department's e-filing portal, fill in their details offline.

'A ban would stop all innovations in cryptocurrencies in India'

'A ban would stop all innovations in cryptocurrencies in India'

Rediff.com9 Dec 2021

'Any entrepreneur who wants to create companies on blockchain will have to move outside India.' 'A ban will also wipe out the entire asset investing class that has built up in India.'

Will private cryptocurrencies be finally banned?

Will private cryptocurrencies be finally banned?

Rediff.com23 Jul 2019

A government panel said policymakers and regulators should have an open mind regarding the introduction of an official digital currency in India.

CBI Raids 10 Sites in Cyberfraud Crackdown

CBI Raids 10 Sites in Cyberfraud Crackdown

Rediff.com14 Jun 2025

The raids were linked to a sophisticated organised investment fraud scheme targeting unsuspecting individuals through fake mobile apps and WhatsApp groups.

Trading cryptocurrencies: 'Will I be liable to tax audit?'

Trading cryptocurrencies: 'Will I be liable to tax audit?'

Rediff.com22 Sep 2022

Mihir Tanna, Associate Director, S K Patodia & Associates, will answer your personal income tax queries.

'Munir's US Visits: Something Else Is Afoot'

'Munir's US Visits: Something Else Is Afoot'

Rediff.com20 Aug 2025

'Trump has personally weighed in to overcome doubts and reservations about Pakistan among his top advisors.'

BRICS condemns Pahalgam attack, strikes on Iran

BRICS condemns Pahalgam attack, strikes on Iran

Rediff.com7 Jul 2025

The BRICS nations condemned the Pahalgam terror attack, advocated for a zero-tolerance approach to terrorism, and criticized rising tariffs during their summit in Rio de Janeiro. They also addressed global challenges and called for reforms in international institutions.

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

Bitcoin at $100,000: Milestone likely to boost Indian investors' rush

Rediff.com6 Dec 2024

The recent Bitcoin rally, which saw the cryptocurrency surge past the $100,000 mark on Thursday, is drawing Indian investors in droves. Cryptocurrency platforms in India are experiencing a significant uptick in activity and user sign-ups, driven by the optimism surrounding "crypto-friendly" Donald Trump's US presidential election victory.

'India Should Reduce Tariffs For All Countries'

'India Should Reduce Tariffs For All Countries'

Rediff.com11 Aug 2025

'That way you're not hostage just to US sort of exports to India.'

Cryptocurrency heists just got harder, thanks to tech

Cryptocurrency heists just got harder, thanks to tech

Rediff.com19 Jul 2022

Earlier last month, for the first time ever, an anonymous hacker was served with a restraining order as a non-fungible token (NFT), reports Shivani Shinde.

Bitcoin Rallies: Time To Book Profits?

Bitcoin Rallies: Time To Book Profits?

Rediff.com15 Nov 2024

Only investors with knowledge of cryptocurrencies, long-term conviction, and a long horizon should invest in this asset class.

Is RBI's decision to ban cryptocurrencies correct?

Is RBI's decision to ban cryptocurrencies correct?

Rediff.com19 Apr 2018

Anthony Pompliano, general partner at Morgan Creek Capital Blockchain in the Silicon Valley, shares his views on cryptocurrencies with Mayank Jain in an email interview.

CBI repatriation rate doubles, brings back 134 over 5 years

CBI repatriation rate doubles, brings back 134 over 5 years

Rediff.com17 Jul 2025

The CBI has significantly increased the rate of fugitive repatriation, bringing back 134 individuals in the last five years, doubling the number from the previous decade. This success is attributed to enhanced diplomatic efforts, technological advancements, and improved coordination with Interpol.