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2 mins read

GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you

At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…

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2 mins read

India's digital public infrastructure is transforming country's economic landscape, notes RBI

Built on principles of public good, open access, and regulatory fairness, India Stack has become a …

ANI   


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4 mins read

Now, tourists from G20 countries will get to use UPI instead of cash in India

RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…

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2 mins read

A US congressman has proposed a bill to limit the Fed's ability to issue its own digital currency

Rep. Tom Emmer said the Fed should not have central authority over the retail accounts of Americans…

Isabelle Lee   


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3 mins read

Indian cryptocurrency players in huddle as government mulls ban

As India plans to introduce a new law to prohibit all 'private cryptocurrencies' in the country, th…

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1 min read

India won't ban private cryptocurrencies, but will regulate them instead: NDTV report

India's government suggested people will get a deadline to put their crypto assets on an exchange o…

Karen Friar   


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2 mins read

Bill to tackle entrance exam malpractices introduced in Lok Saba

The Public Examinations (Prevention of Unfair Means) Bill, 2024 was introduced in Lok Sabha by Mini…

ANI   


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Bank of England official says Britcoin CBDC launch is 'probable'

Cunliffe clarified the BoE will continue to make physical cash available, especially for the 1.2 mi…

Isabelle Lee   


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2 mins read

India’s Finance Minister Nirmala Sitharaman says she expects the central bank to roll out the country’s digital currency this year

The Indian government expects the Reserve Bank of India (RBI) to roll out its digital currency this…

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Florida Governor Ron DeSantis proposes banning a digital currency from the Fed, arguing it will stifle innovation and promote surveillance

"The Biden administration's efforts to inject a centralized bank digital currency is about surveill…

Matthew Fox   


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3 mins read

A fully digital US dollar would be a better online currency than crypto, new Fed report suggests

A Fed-backed digital dollar would allow for fast and secure transfers without a third party or the …

Ben Winck   


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2 mins read

Visa is testing a platform that will support central bank digital currencies in partnership with blockchain firm ConsenSys

Payment rival Mastercard already launched a similar CBDC testing platform in December 2020, also in…

Isabelle Lee   


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1 min read

RBI, government working in complete harmony on crypto: Nirmala Sitharaman

"With RBI & Ministry, not just on crypto but on every other thing as well, I think there's c…

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The Fed may release its long-awaited paper on central bank digital currencies as early as next week, report says

Jerome Powell has said CBDCs would negate the need for stablecoins, but other observers say a digit…

Isabelle Lee   


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1 min read

PayPal and Visa are among the companies that will help the Bank of England work on a UK digital currency

Two forums will help the BoE and the UK Treasury department understand the technological and practi…

Carla Mozée   


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2 mins read

Here's how to tell if your old $2 bills are worth anything

The United States Currency Auction, which allows people to sell rare US currency, lists some $2 bil…

Sebastian Cahill   


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2 mins read

Russia's biggest bank Sberbank gets permission to exchange crypto, as sanctions hobble transfers of dollars

A day after the license was given, Sberbank said sanctions had restricted foreign currency transfer…

Hamza Fareed Malik   


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2 mins read

India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned

Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …

Hamza Fareed Malik   


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1 min read

Forget the dollar, Argentina should adopt the euro as its currency, Nobel economist Paul Krugman says

The South American nation does almost twice as much trade with the EU as it does with the US, Paul …

Zahra Tayeb   


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6 mins read

Privacy coins, centralised cryptocurrencies, or being currencies — India is yet to explain what it means by ‘private’ cryptocurrency

Despite all the fear, doubt and uncertainty (FUD) in the air, the Indian government hasn’t actually…