Search For "digital currency"
75 Digital Banking units to be setup in 75 districts by scheduled commerci
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday announced the introduction of Digital Rupee which will be issued by the Reserve Bank of India starting 2022-23, along with the setting up of 75 digital banking units in 75 districts by scheduled commerc
Read More
India introduces 'crypto tax' of 30 per cent
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Union Finance Minister Nirmala Sitharaman announced on Tuesday that income from digital asset transfers will be taxed at a rate of 30 per cent. This move is seen as 'crypto tax'.
Read More
Union Cabinet likely to discuss Cryptocurrency Bill today
Updated : 4 years, 2 months ago IST
New Delhi [India], December 15 (ANI): The Union Cabinet is likely to discuss "The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021" at today's meeting. The meeting is scheduled to take place at 1 pm, sources said.
Read More
British Intelligence warns against use of Chinese digital currency
Updated : 4 years, 3 months ago IST
London [United Kingdom], December 13 (ANI): British Intelligence Agency has issued a warning that the use of Chinese digital currency Renminbi as a tool for global currency operations ahead of the scheduled Winter Olympics next year.
Read More
Proposed bill on cryptocurrency evokes wide interest, stakeholders pitch f
Updated : 4 years, 3 months ago IST
New Delhi [India], December 4 (ANI): The bill concerning cryptocurrency is among the most keenly awaited new bills to be introduced in the winter session of parliament with the government intending to create a facilitative framework for the creation of the official digital currency to be i
Read More
Cryptocurrency can't be legal tender: Economist Sharad Kohli
Updated : 4 years, 3 months ago IST
New Delhi [India], November 24 (ANI): Economist Sharad Kohli welcomed the government's decision to introduce the Cryptocurrency Bill in the upcoming winter session of Parliament, stating that this was a much-awaited decision as there is no institution to regulate the movement of the digital
Read More
Winter session: Government to bring bill to ban all private cryptocurrenci
Updated : 4 years, 3 months ago IST
New Delhi [India], November 23 (ANI): The government would introduce a bill to ban all private cryptocurrencies in India while providing certain exceptions to promote the underlying technology of cryptocurrency.
Read More
Cryptocurrency bill among 26 new legislations on government's agenda for w
Updated : 4 years, 3 months ago IST
New Delhi [India], November 23 (ANI): A bill to prohibit all private cryptocurrencies in India and to create a facilitative framework for the creation of official digital currency to be issued by RBI is on the agenda of the government for the winter session of parliament.
Read More
Samsung Electronics also participates in 'Digital Money' simulation test o
Updated : 4 years, 7 months ago IST
Seoul [South Korea], August 5 (ANI/Global Economic): Samsung Electronics will also participate in the 'central bank digital currency (CBDC)' simulation test research project conducted by the Bank of Korea.
Read More
Bank of Korea to launch digital currency simulation in August
Updated : 4 years, 9 months ago IST
Seoul [South Korea], May 25 (ANI/Global Economic): The Bank of Korea is launching a simulation of Central Bank Digital Currency (CBDC) in August. Rather than issuing and commercializing CBDC right away, the idea is to test in advance from CBDC manufacturing to payment in a virtual environmen
Read More
Cryptocurrency is form of digital currency, we must evaluate, explore new
Updated : 5 years ago IST
Chandigarh (Punjab) [India], March 6 (ANI): Noting that Blockchain is new emerging technology and cryptocurrency is a form of digital currency, Minister of State for Finance and Corporate Affairs Anurag Thakur has said that there is a need to always evaluate, explore and encourage new ide
Read More
Bitcoin's market value tops $1 trillion
Updated : 5 years ago IST
New York [US], February 20 (ANI): The total number of cryptocurrency bitcoin trading is now collectively worth more than one trillion dollars (about Rs 72.73 lakh crore).
Read More