Search For "legal tender"
Crypto's like Bitcoin and Ethereum will never become a legal tender: Finan
Updated : 4 years, 3 months ago IST
New Delhi [India], February 2 (ANI): Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender, Finance Secretary TV Somanathan told ANI adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender.
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Government does not recognize private cryptocurrency as legal tender, dig
Updated : 4 years, 3 months 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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IMF urges El Salvador to ditch Bitcoin as legal tender citing concerns of
Updated : 4 years, 4 months ago IST
Washington [US], January 26 (ANI): The International Monetary Fund on Tuesday urged El Salvador to remove Bitcoin as a legal lender citing concerns over financial and market integrity risks.
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Govt should clarify whether it is going to recognise cryptocurrencies: Con
Updated : 4 years, 5 months ago IST
New Delhi [India], December 13 (ANI): After the Twitter handle of Prime Minister Narendra Modi was compromised, senior Congress leader Adhir Ranjan Chowdhury on Monday demanded that the government should clarify in Parliament whether it is going to recognize cryptocurrencies or not.
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Cryptocurrency can't be legal tender: Economist Sharad Kohli
Updated : 4 years, 6 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
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Nepal's ban on Indian currency may impact tourism
Updated : 7 years, 5 months ago IST
Birgunj (Nepal) Dec 14 (ANI): The Nepal government has banned the use of Indian currency notes of Rs 2000, Rs 500 and Rs 200. The government has asked the citizens to abstain from keeping or carrying Indian currencies higher than Rs 100 which cease to be legal tender.
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'Government doesn't consider crytocurrencies as legal tender': Jaitley
Updated : 8 years, 3 months ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Arun Jaitley in his Budget speech stressed that the Government does not consider cryptocurrencies as legal tender, and will take measures to eradicate use of crytocurrencies for illegitimate activities.
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RBI reiterates legal tender status of Rs 10 coins
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 17 (ANI): The Reserve Bank of India (RBI) on Wednesday reiterated the legal tender status of Rs. 10 coins of different designs.
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Bitcoins not legal tender in India, reiterates Jaitley
Updated : 8 years, 4 months ago IST
New Delhi [India], Jan 2 (ANI): Amid reports of the rising presence of bitcoins and other forms of virtual currencies (VCs) in India, Union Finance Minister Arun Jaitley on Tuesday reiterated that the former are not accepted as a lawful and legal tender in India.
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Australian High Commission denies withdrawal of 100 dollar note from circu
Updated : 8 years, 9 months ago IST
New Delhi[India], Jan. 5(ANI): The Australian High Commission on Thursday clarified that the country has no plans to withdraw Australian one hundred-dollar note from circulation as it continues to remain legal tender down under.
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RBI to issue two new series of Rs. 50 notes, old notes to remain legal
Updated : 8 years, 9 months ago IST
Mumbai [India], Dec. 19 (ANI): The Reserve Bank of India on Monday said it will shortly issue two series of Rs. 50 banknotes in the Mahatma Gandhi Series-2005 with inset letter 'L' on the one series and 'R' on the other, but the old Rs. 50 notes will continue to be legal
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Income Tax Sleuths unearth innovative methods of laundering, transportatio
Updated : 8 years, 9 months ago IST
New Delhi [India], Dec 9 (ANI): Income tax investigations at Mumbai led to the revelation of a syndicate of ground level operators active in converting banned currency notes into legal tenders for a commission.
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