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3 mins read
India’s digital rupee may not necessarily be on the blockchain, according to the country’s central bank
India’s upcoming digital rupee may not necessarily use blockchain technology for RBI’s central bank…
3 mins read
Blockchain-based digital rupee will be a reality before March 2023 confirms Finance Minister Nirmala Sitharaman
Digital Rupee, using blockchain, will be launched by the Reserve Bank of India (RBI) by 2023, said …
1 min read
Prabhjote Gill
2 mins read
India will launch a digital rupee in the next year and plans a 30% tax on crypto-related income, according to the finance minister
India's finance minister announced the creation of a digital rupee and a new crypto tax plan as the…
Adam Morgan McCarthy
2 mins read
The Fed's lack of innovation with the dollar means China, India, and others will dominate the digital currency race
US policymakers are miscalculating the resources it takes to keep up with rival digital currencies,…
Phil Rosen
3 mins read
Indian e-rupee to boost digital payments sans bank accounts, say industry stakeholders
The rollout of the e-rupee has been one of the most sought-after developments, since its announc…
1 min read
Founders of crypto mega fund Three Arrows Capital vanish after filing for bankruptcy
The Singapore-based 3AC filed for bankruptcy in the US earlier this month to protect its assets fro…
3 mins read
RBI governor still has not thawed on ‘private’ cryptocurrencies — compares crypto hype to ‘tulip mania’
RBI governor Shaktikanta Das claims that cryptocurrencies have no underlying value, not even worth …
2 mins read
Rupee makes a small comeback, gains 7 paise after hitting a new low of 80 against the dollar
The rupee appreciated 7 paise to 79.92 against the US dollar in early trade on Friday as a firm tre…
PTI
2 mins read
Global Web 3 platforms launch Open Metaverse Alliance
Global Web 3 platforms have launched the Open Metaverse Alliance for Web 3 (OMA3) to solve the inte…
3 mins read
Taiwanese crypto exchange suspends trading in Rupees after TDS laws kick in
India’s new tax rules that collect 1% TDS on transfer of crypto and other virtual assets came into …
6 mins read
India’s digital currency to be launched in FY23 to be cost effective, transparent and secure
The central bank digital currency (CBDC) is about to be launched this financial year in FY23, finan…
3 mins read
The India stack that Bill Gates and Sundar Pichai so love is set to get much bigger – thanks to the Indian government’s new blockchain strategy
Over 10 years ago, the Indian government opened up its database for private players to build produc…
2 mins read
Budget 2022: Digital university to be set up for online learning
India’s Finance Minister, Nirmala Sitharaman, on Tuesday, announced that a Digital University, name…
3 mins read
India’s definition of ‘virtual digital assets’ isn’t set in stone
The Indian government announced its plans to tax cryptocurrency transactions at a rate of 30% durin…
4 mins read
From cryptocurrencies to NFTs, India to tax all ‘virtual digital’ assets at 30%
India plans to tax cryptocurrency transactions at a rate of 30%. This is at par with the highest in…
12 mins read
The advertising industry voices its enthusiasm about the government’s steps towards boosting digital ecosystem in Union Budget 2022-23
As data and digital occupy the centerpiece of the Union Budget 2022-23, advertising agencies rejoice
6 mins read
The number of countries exploring CBDCs more than doubled during the pandemic year
These 81 counties represent over 90% of the world’s gross domestic product (GDP). The pandemic…
8 mins read
CBDCs — The fight for fiat currencies to remain relevant in the age of digital cryptocurrencies
Many countries are looking at launching a central bank digital currency (CBDC) to take advantage of…
3 mins read
US, China, Europe and India — all are mulling the possibility of a digital currency, but no one is ready to bite the bullet, yet
Simply put, CBDCs are digital versions of the currencies you use right now. In the US, a CBDC …