Bitcoin ban: Flintstone Technology files petition at Delhi HC against Reserve Bank of India order
New Delhi, May 5 (IBNS): Flinstone Technologies Pvt. Ltd., which is conducting its business under the trade name of Money Trade Coin (MTC) has filed a petition at the Delhi High Court on Friday, demanding a stay on the Reserve Bank of India circular, which ring fences all entities regulated by it, including banks from conducting business with individual as well as business entities dealing in virtual currencies, an official release stated.
I-T Dept. has issued notices to 1 lakh crypto currency investors: CBDT chairman
New Delhi, Feb 6 (IBNS): The Income Tax Department has issued about one lakh notices to people who have invested in crypto currencies like Bitcoin and have not declared it in their income tax return, CBDT (Central Board of Direct Taxes) chairman, Sushil Chandra said at an ASSOCHAM event held in New Delhi today.
Jio says it hasn't launched any JioCoin App
Mumbai, Jan 31 (IBNS): Telecom giant Reliance Jio said on Wednesday that it has not launched any JioCoin App.
Social networking giant Facebook bans cryptocurrency ads on its platforms
New York, Jan 31 (IBNS):In a major move, popular social networking site Facebook Wednesday announced it has decided to block any advertising promoting cryptocurrency products and services.