22 Feb, 2021, 04.00 PM IST
By the end of 2020, global e-commerce was growing at 19 per cent CAGR (2017–23) to reach $6.5 trillion. Digital/mobile wallets were fast becoming preferred modes for e-commerce payments, and were projected to corner 52 per cent market share by 2023.
20 Feb, 2021, 12.09 PM IST
Banning ‘cryptocurrencies’, better termed crypto assets, would also stop investment in companies that use crypto tokens to power their technology.
19 Feb, 2021, 09.03 PM IST
“When fiat currency has negative real interest, only a fool wouldn’t look elsewhere,” Musk said in a reference to the sub-zero returns on cash caused by negative-yielding debt. The comments pushed Bitcoin to a record on Friday, with prices climbing above $52,000.
19 Feb, 2021, 04.54 PM IST
A move by the country in favour of cryptos would attract global attention and support from the world’s financiers and technologists can put the country on the forefront of the rapidly evolving industry.
19 Feb, 2021, 01.51 PM IST
He also defended Tesla’s action to invest in bitcoin, saying that the difference with cash made it “adventurous enough” for the S&P 500 company to hold the cryptocurrency.
19 Feb, 2021, 08.52 AM IST
Most large banks have been allowing customers to trade on their platforms since SC order claim all cryptocurrency exchanges.
18 Feb, 2021, 09.26 AM IST
The trading app popular with young investors currently allows customers to buy, sell and hold cryptocurrencies such as Bitcoin on its platform, but users cannot withdraw their assets to transfer to other wallets.
17 Feb, 2021, 10.26 AM IST
Cryptocurrency can make an alternative investment for millennials over the long term since they are likely to remain strong and pull through any financial crisis that may occur in the future.
12 Feb, 2021, 05.20 PM IST
Cryptocurrencies, especially Bitcoin, is now being considered as a safe-haven asset against market volatility and inflation. The current societal and economic climate also brings about a situation for people to hold less cash and stay hedged against market swings.
11 Feb, 2021, 11.52 PM IST
Bank of New York Mellon Corp. said Thursday it will hold, transfer and issue Bitcoin and other cryptocurrencies for institutional customers.
08 Feb, 2021, 10.58 PM IST
According to a Bloomberg report, the price of the digital asset jumped as much as 16% with prices nearing nearly $45,000 for the first time.