Search For "digital currency"
RBI working on phased implementation of digital currency
Updated : 3 years, 7 months ago IST
New Delhi [India], July 20 (ANI): The Reserve Bank of India (RBI) is working on a phased implementation of the Central Bank Digital Currency (CBDC) in both wholesale and retail segments, Ajay Kumar Choudhary, Executive Director, RBI, said on Wednesday.
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China Matters highlighted the 6th World Intelligence Congress: China's Dig
Updated : 3 years, 8 months ago IST
Beijing [China], June 24 (ANI/PR Newswire): The year was 2014 when China's banking sector shook hands on a private banking license deal with the country's Big Tech giants like Alibaba and Tencent among others. This is when digital payments system including Alipay and WeChat, was born. But li
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INRx Blockchain Network to launch native currency analog coin
Updated : 3 years, 9 months ago IST
New Delhi [India] June 13 (ANI/SRV): Analog is one of the most popular types of cryptocurrency, which is a type of digital currency that started on the INRx Network. The coin will go on sale on Analog Inceptive in August 2022 for 1 INRx (0.013 cents), but it will quickly rise above 10 INRx (
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Fireblocks appoints former Head of Fintech from Bank of England as New Dir
Updated : 3 years, 9 months ago IST
New York [US], May 31 (ANI/PRNewswire): Fireblocks (www.fireblocks.com), the industry leader and award-winning digital asset and crypto technology provider, announced today it has appointed the former Head of Fintech at the Bank of England, Varun Paul, as its new Central Banking Digital Curr
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RBI to adopt graded approach to introduction of digital currency
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): The Reserve Bank of India (RBI) proposes to adopt a graded approach for the introduction of digital currency in the country, according to the RBI's annual report for FY 2021-22.
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RBI to adopt graded approach to introduce digital currency
Updated : 3 years, 9 months ago IST
New Delhi [India], May 28 (ANI): The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of cu
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Watch out for these Cryptos this year: Logarithmic Finance (LOG), Flow (FL
Updated : 3 years, 9 months ago IST
New Delhi [India] May 21 (ANI/ATK): Ever since cryptocurrency hit the internet back in 2009, it's been so persuasive to many investors who have no choice but to invest heavily in it. Cryptocurrency serves a truly decentralised role in the world of digital currency. There are more than 80 cry
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China to run digital currency trials to boost economy
Updated : 3 years, 11 months ago IST
Beijing [China], April 18 (ANI): In a quest to strengthen the country economically and become a global superpower, China decides to run digital currency trials of which the real purpose seems to be keeping a close eye on data and mass transactions, reports suggest.
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Revolutionary developments in mapping marks one year of Indian geospatial
Updated : 4 years ago IST
New Delhi [India], February 18 (ANI/PNN): Speaking as chief guest commemorating the first Anniversary of the Release of Geospatial Data, the Union Minister for Science and Technology, Dr Jitendra Singh, said the launch of the pan-India 3D Maps Program by Genesys International (https://www.ig
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Government does not recognize private cryptocurrency as legal tender, dig
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Noting that digital currency to be issued by the Reserve Bank of India (RBI) will be official and legal tender, Union Commerce and Industry Minister Piyush Goyal on Tuesday said the government does not recognize private cryptocurrencies as legal tender
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Indigo CEO welcomes announcement of issuing E-passport, introduction of di
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Lauding the Union Budget 2022-23 presented in the Parliament on Tuesday, Indigo Chief Executive Officer Ronojoy Dutta welcomed the new incentives of the government regarding issuing of E-passport and the introduction of digital currency by the Reserve
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30 pc tax on virtual digital assets will help regulate crypto, says Niti A
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): India going to be the first country to implement a digital rupee and a high tax on digital currency to be beneficial for middle-class investors as it sees frequent fluctuations, says Amitabh Kant, CEO of Niti Ayog on Tuesday.
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